Brompton Energy Split (TSE:ESP) Stock Passes Above Fifty Day Moving Average – What’s Next?

Brompton Energy Split Corp. (TSE:ESP)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$5.25 and traded as high as C$5.50. Brompton Energy Split shares last traded at C$5.50, with a volume of 8,156 shares traded.

Brompton Energy Split Price Performance

The company has a quick ratio of 6.67, a current ratio of 6.82 and a debt-to-equity ratio of 12.36. The company has a fifty day simple moving average of C$5.25 and a two-hundred day simple moving average of C$5.30. The company has a market cap of C$190.80 million and a price-to-earnings ratio of -77.97.

Brompton Energy Split Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 22.30%. The ex-dividend date was Friday, January 31st. Brompton Energy Split’s dividend payout ratio (DPR) is -1,449.28%.

Brompton Energy Split Company Profile

To provide holders of Preferred shares with fixed cumulative preferrential quarterly cash distributions and to return the original issue price on the maturity date. To provide holders of Class A shares with regular monthly cash distributions3 and the opportunity for capital appreciation. To achieve these objectives, the Fund invests in a portfolio of equity securities of at least 15 large¿capitalization North American oil and gas issuers selected by the Manager from the S&P 500 Index and the S&P/TSX Composite Index.