TDb Split (TSE:XTD) Sets New 52-Week High – Still a Buy?

TDb Split Corp. (TSE:XTDGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$10.69 and last traded at C$10.40, with a volume of 9632 shares trading hands. The stock had previously closed at C$10.54.

TDb Split Price Performance

The company has a 50 day moving average of C$8.59 and a two-hundred day moving average of C$7.31. The firm has a market cap of C$50.00 million, a P/E ratio of 2.00 and a beta of 2.61. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 144.48.

TDb Split Company Profile

(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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