Brompton Energy Split (TSE:ESP) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Brompton Energy Split Corp. (TSE:ESP) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty 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 changing hands.

Brompton Energy Split Stock Performance

The company has a debt-to-equity ratio of 12.36, a quick ratio of 6.67 and a current ratio of 6.82. The firm has a market capitalization of C$190.80 million and a price-to-earnings ratio of -77.97. The company has a 50 day moving average price of C$5.25 and a two-hundred day moving average price of C$5.30.

Brompton Energy Split Dividend Announcement

The firm 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. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.20 dividend on an annualized basis and a yield of 22.30%. Brompton Energy Split’s payout ratio is presently -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.