TDb Split (TSE:XTD) Reaches New 1-Year High – Time to Buy?

TDb Split Corp. (TSE:XTDGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$9.25 and last traded at C$9.05, with a volume of 26467 shares changing hands. The stock had previously closed at C$8.82.

TDb Split Trading Up 2.6%

The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 144.48. The stock has a fifty day simple moving average of C$7.21 and a 200 day simple moving average of C$6.69. The firm has a market capitalization of C$42.31 million, a P/E ratio of 5.55 and a beta of 2.31.

TDb Split Company Profile

(Get Free Report)

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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