TDb Split Corp. (TSE:XTD – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$6.41 and traded as high as C$6.90. TDb Split shares last traded at C$6.90, with a volume of 1,200 shares changing hands.
TDb Split Price Performance
The company’s 50-day simple moving average is C$6.43 and its 200 day simple moving average is C$5.50. The company has a debt-to-equity ratio of 764.52, a quick ratio of 1.51 and a current ratio of 1.13. The company has a market cap of C$31.46 million, a PE ratio of 4.13 and a beta of 2.50.
TDb Split Company Profile
The investment objectives with respect to the Class A shares are as follows:1. to provide holders of Class A shares with regular monthly cash dividends in the amount of $0.05 per Class A share when the net asset value per unit exceeds $12.50; and 2. to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit. TDb Split Corp.
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