TDb Split (TSE:XTD) Hits New 12-Month High – What’s Next?

Shares of TDb Split Corp. (TSE:XTD) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$7.91 and last traded at C$7.91, with a volume of 19809 shares changing hands. The stock had previously closed at C$7.56.

TDb Split Price Performance

The company has a debt-to-equity ratio of 144.48, a quick ratio of 1.51 and a current ratio of 1.71. The company has a 50-day moving average of C$6.86 and a 200-day moving average of C$6.46. The stock has a market capitalization of C$37.59 million, a price-to-earnings ratio of 4.93 and a beta of 2.31.

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.