TDb Split (TSE:XTD) Reaches New 52-Week High – Here’s Why

TDb Split Corp. (TSE:XTDGet Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$9.61 and last traded at C$9.60, with a volume of 13486 shares. The stock had previously closed at C$9.40.

TDb Split Trading Up 1.6%

The company has a market cap of C$45.92 million, a price-to-earnings ratio of 5.86 and a beta of 2.61. The firm has a 50-day moving average price of C$7.89 and a 200 day moving average price of C$7.00. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 144.48.

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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