TDb Split Corp. (TSE:XTD – Get Free Report) hit a new 52-week high on Monday . The company traded as high as C$6.24 and last traded at C$6.15, with a volume of 20957 shares changing hands. The stock had previously closed at C$6.10.
TDb Split Stock Performance
The company has a 50-day moving average of C$5.60 and a 200-day moving average of C$4.93. The firm has a market capitalization of C$28.75 million, a price-to-earnings ratio of 3.77 and a beta of 2.24. The company has a current ratio of 1.13, a quick ratio of 1.51 and a debt-to-equity ratio of 764.52.
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.
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