TDb Split (TSE:XTD) Sets New 1-Year High – Here’s Why

TDb Split Corp. (TSE:XTD)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$7.91 and last traded at C$7.91, with a volume of 19809 shares changing hands. The stock had previously closed at C$7.56.

TDb Split Trading Up 6.3%

The firm has a market cap of C$37.59 million, a PE ratio of 4.93 and a beta of 2.31. 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 business has a 50-day moving average price of C$6.86 and a two-hundred day moving average price of C$6.46.

About TDb Split

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.