TDb Split Corp. (TSE:XTD – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$9.39 and last traded at C$9.39, with a volume of 25584 shares changing hands. The stock had previously closed at C$8.99.
TDb Split Price Performance
The business has a fifty day moving average of C$7.65 and a 200 day moving average of C$6.89. The firm has a market cap of C$43.38 million, a P/E ratio of 5.69 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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