Shares of TDb Split Corp. (TSE:XTD – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of C$8.82 and traded as high as C$9.57. TDb Split shares last traded at C$9.47, with a volume of 46,200 shares trading hands.
TDb Split Stock Performance
The company has a market capitalization of C$51.13 million, a P/E ratio of 1.33 and a beta of 2.39. The company has a debt-to-equity ratio of 85.72, a current ratio of 2.18 and a quick ratio of 1.51. The company has a fifty day moving average price of C$8.82 and a two-hundred day moving average price of C$9.03.
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.
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