TDb Split (TSE:XTD) Hits New 12-Month High – Should You Buy?

TDb Split Corp. (TSE:XTDGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$6.24 and last traded at C$6.15, with a volume of 20957 shares traded. The stock had previously closed at C$6.10.

TDb Split Price Performance

The business has a fifty day moving average of C$5.60 and a 200 day moving average of C$4.93. The company has a debt-to-equity ratio of 764.52, a current ratio of 1.13 and a quick ratio of 1.51. The stock has a market cap of C$28.75 million, a PE ratio of 3.77 and a beta of 2.24.

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.

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