TDb Split Corp. (TSE:XTD – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as C$9.39 and last traded at C$9.39, with a volume of 25584 shares traded. The stock had previously closed at C$8.99.
TDb Split Price Performance
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’s 50-day moving average price is C$7.65 and its 200-day moving average price is C$6.89. The company has a market capitalization of C$43.38 million, a price-to-earnings ratio of 5.69 and a beta of 2.31.
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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