TDb Split (TSE:XTD) Hits New 1-Year High – What’s Next?

TDb Split Corp. (TSE:XTDGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$6.35 and last traded at C$6.35, with a volume of 74382 shares traded. The stock had previously closed at C$6.20.

TDb Split Stock Performance

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 company has a market cap of C$29.69 million, a price-to-earnings ratio of 3.90 and a beta of 2.24. The stock has a 50-day moving average price of C$5.69 and a 200 day moving average price of C$5.00.

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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