Shares of TDb Split Corp. (TSE:XTD – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$9.61 and last traded at C$9.60, with a volume of 13486 shares. The stock had previously closed at C$9.40.
TDb Split Price Performance
The stock has a fifty day moving average of C$8.03 and a 200-day moving average of C$7.05. 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 firm has a market capitalization of C$47.12 million, a P/E ratio of 1.89 and a beta of 2.61.
TDb Split Company Profile
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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