TDb Split Corp. (TSE:XTD – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$10.25 and last traded at C$10.20, with a volume of 41622 shares traded. The stock had previously closed at C$9.92.
TDb Split Price Performance
The stock’s 50 day moving average is C$8.17 and its two-hundred day moving average is C$7.11. The company has a debt-to-equity ratio of 144.48, a current ratio of 1.71 and a quick ratio of 1.51. The stock has a market capitalization of C$49.04 million, a PE ratio of 1.97 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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