TDb Split Corp. (TSE:XTD – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$6.80 and last traded at C$6.79, with a volume of 24728 shares. The stock had previously closed at C$6.52.
TDb Split Price Performance
The stock has a market cap of C$31.09 million, a price-to-earnings ratio of 4.08 and a beta of 2.24. The company has a debt-to-equity ratio of 764.52, a quick ratio of 1.51 and a current ratio of 1.13. The business’s fifty day simple moving average is C$5.81 and its 200 day simple moving average is C$5.08.
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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