Shares of TDb Split Corp. (TSE:XTD – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$10.95 and last traded at C$10.85, with a volume of 20970 shares. The stock had previously closed at C$10.60.
TDb Split Stock Performance
The stock has a 50-day moving average of C$9.44 and a 200 day moving average of C$7.75. 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$51.93 million, a price-to-earnings ratio of 2.08 and a beta of 2.59.
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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