TDb Split (TSE:XTD) Reaches New 12-Month High – Here’s What Happened

TDb Split Corp. (TSE:XTDGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$8.25 and last traded at C$8.12, with a volume of 11986 shares trading hands. The stock had previously closed at C$8.03.

TDb Split Stock Down 0.1%

The firm has a 50 day moving average of C$6.97 and a 200-day moving average of C$6.55. The company has a debt-to-equity ratio of 144.48, a current ratio of 1.71 and a quick ratio of 1.51. The stock has a market capitalization of C$37.49 million, a P/E ratio of 4.92 and a beta of 2.31.

About TDb Split

(Get Free Report)

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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