TDb Split Corp. (TSE:XTD – Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.93 and traded as high as C$5.35. TDb Split shares last traded at C$5.35, with a volume of 18,201 shares trading hands.
TDb Split Price Performance
The company has a quick ratio of 1.51, a current ratio of 1.13 and a debt-to-equity ratio of 764.52. The company has a market capitalization of C$25.01 million, a P/E ratio of 3.28 and a beta of 2.12. The company’s 50-day simple moving average is C$4.93 and its 200 day simple moving average is C$4.36.
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.
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