New Commerce Split Fund (TSE:YCM) Share Price Crosses Above 50-Day Moving Average – What’s Next?

New Commerce Split Fund (TSE:YCMGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$6.54 and traded as high as C$7.00. New Commerce Split Fund shares last traded at C$7.00, with a volume of 5,309 shares trading hands.

New Commerce Split Fund Price Performance

The company has a market capitalization of C$6.28 million, a P/E ratio of 4.93 and a beta of 2.65. The stock’s 50 day simple moving average is C$6.54 and its two-hundred day simple moving average is C$5.54.

New Commerce Split Fund Company Profile

(Get Free Report)

The Companys investment objectives with respect to the Class A Shares are (a) to provide holders of Class A Shares with regular monthly cash dividends targeted to be $0.05 per Class A Share to yield 6.0% per annum on the original issue price and (b) on or about the Termination Date, to pay the holders of Class A Shares at least the original issue price of the Class A Shares.

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