TDb Split Corp. (TSE:XTD – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$8.25 and last traded at C$8.12, with a volume of 11986 shares traded. The stock had previously closed at C$8.03.
TDb Split Stock Performance
The firm has a 50-day moving average price of C$7.02 and a 200 day moving average price of C$6.59. The firm has a market capitalization of C$37.73 million, a PE ratio of 4.95 and a beta of 2.31. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 144.48.
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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