Life & Banc Split (TSE:LBS) Trading 0.1% Higher

Life & Banc Split Corp. (TSE:LBSGet Free Report) shares traded up 0.1% during trading on Monday . The stock traded as high as C$7.68 and last traded at C$7.64. 66,499 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 53,906 shares. The stock had previously closed at C$7.63.

Life & Banc Split Price Performance

The company has a current ratio of 1.73, a quick ratio of 1.69 and a debt-to-equity ratio of 132.94. The company has a market cap of C$316.30 million, a P/E ratio of 5.38 and a beta of 1.89. The business’s fifty day moving average is C$7.79 and its 200 day moving average is C$7.78.

Life & Banc Split Company Profile

(Get Free Report)

Life & Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating across banking and life insurance sector. The fund primarily invests in the stocks of the six largest banks of the country, as well as of life insurance companies, utilizing a split share structure on a low cost basis.

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