Brompton Energy Split (TSE:ESP) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Brompton Energy Split Corp. (TSE:ESP) 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 Trading Up 3.0 %

The firm has a market capitalization of C$195.06 million and a price-to-earnings ratio of -79.71. The business’s fifty day moving average is C$5.25 and its 200 day moving average is C$5.28. The company has a quick ratio of 6.67, a current ratio of 6.82 and a debt-to-equity ratio of 12.36.

Brompton Energy Split Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 21.82%. Brompton Energy Split’s dividend payout ratio (DPR) is -1,449.28%.

About Brompton Energy Split

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.