Brompton Energy Split (TSE:ESP) Shares Cross Below 200-Day Moving Average – Time to Sell?

Brompton Energy Split Corp. (TSE:ESP) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.21 and traded as low as C$4.79. Brompton Energy Split shares last traded at C$4.79, with a volume of 3,013 shares trading hands.

Brompton Energy Split Trading Down 0.4 %

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 market capitalization of C$169.88 million and a PE ratio of -69.42. The stock’s 50 day simple moving average is C$5.37 and its two-hundred day simple moving average is C$5.21.

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 paid a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 25.05%. The ex-dividend date was Friday, January 31st. Brompton Energy Split’s payout ratio is currently -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.