Brompton Energy Split (TSE:ESP) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Brompton Energy Split Corp. (TSE:ESP)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$5.24 and traded as high as C$5.24. Brompton Energy Split shares last traded at C$5.15, with a volume of 6,859 shares trading hands.

Brompton Energy Split Price Performance

The firm has a market capitalization of C$5.17 million, a price-to-earnings ratio of 2.91 and a beta of 1.83. The company has a debt-to-equity ratio of 12.36, a current ratio of 6.82 and a quick ratio of 6.67. The stock has a 50 day moving average price of C$5.24 and a two-hundred day moving average price of C$4.68.

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.