TDb Split Corp. (TSE:XTD – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as C$5.96 and last traded at C$5.95, with a volume of 29857 shares traded. The stock had previously closed at C$5.83.
TDb Split Stock Up 1.5%
The company has a market cap of C$27.68 million, a price-to-earnings ratio of 3.63 and a beta of 2.24. The firm’s 50 day simple moving average is C$5.50 and its 200-day simple moving average is C$4.83. The company has a debt-to-equity ratio of 764.52, a current ratio of 1.13 and a quick ratio of 1.51.
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.
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