TDb Split (TSE:XTD) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of TDb Split Corp. (TSE:XTDGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$5.28 and traded as high as C$5.64. TDb Split shares last traded at C$5.50, with a volume of 23,464 shares traded.

TDb Split Price Performance

The stock has a market capitalization of C$25.71 million, a price-to-earnings ratio of 3.37 and a beta of 2.16. The company’s 50-day simple moving average is C$5.28 and its 200-day simple moving average is C$4.67. The company has a debt-to-equity ratio of 764.52, a current ratio of 1.13 and a quick ratio of 1.51.

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.

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