Brompton Energy Split (TSE:ESP) Shares Cross Above 50-Day Moving Average – Time to Sell?

Brompton Energy Split Corp. (TSE:ESP) shares passed 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 trading hands.

Brompton Energy Split Stock Up 3.0 %

The company has a market capitalization of C$195.06 million and a price-to-earnings ratio of -79.71. The firm’s 50 day moving average price is C$5.25 and its two-hundred day moving average price is C$5.28. The company has a current ratio of 6.82, a quick ratio of 6.67 and a debt-to-equity ratio of 12.36.

Brompton Energy Split Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were paid a $0.10 dividend. The ex-dividend date was Friday, January 31st. This represents a $1.20 annualized dividend and a yield of 21.82%. Brompton Energy Split’s dividend payout ratio 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.