Shares of TDb Split Corp. (TSE:XTD – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$8.25 and last traded at C$8.25, with a volume of 8535 shares changing hands. The stock had previously closed at C$8.07.
TDb Split Trading Up 4.1%
The company has a debt-to-equity ratio of 144.48, a quick ratio of 1.51 and a current ratio of 1.71. The stock has a market capitalization of C$40.25 million, a P/E ratio of 5.28 and a beta of 2.31. The firm’s fifty day simple moving average is C$7.17 and its 200 day simple moving average is C$6.67.
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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