TDb Split (TSE:XTD) Shares Pass Above 50-Day Moving Average – Here’s Why

TDb Split Corp. (TSE:XTDGet Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$6.41 and traded as high as C$6.90. TDb Split shares last traded at C$6.90, with a volume of 1,200 shares trading hands.

TDb Split Stock Performance

The company’s 50 day moving average price is C$6.41 and its 200-day moving average price is C$5.48. The stock has a market cap of C$32.26 million, a P/E ratio of 4.23 and a beta of 2.50. The company has a debt-to-equity ratio of 764.52, a quick ratio of 1.51 and a current ratio of 1.13.

TDb Split Company Profile

(Get Free Report)

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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