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

TDb Split Corp. (TSE:XTDGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$7.91 and last traded at C$7.91, with a volume of 19809 shares traded. The stock had previously closed at C$7.56.

TDb Split Stock Performance

The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 144.48. The firm’s fifty day moving average price is C$6.91 and its two-hundred day moving average price is C$6.50. The stock has a market capitalization of C$36.65 million, a PE ratio of 4.81 and a beta of 2.31.

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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