TDb Split (TSE:XTD) Sets New 52-Week High – Still a Buy?

Shares of TDb Split Corp. (TSE:XTDGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$10.69 and last traded at C$10.40, with a volume of 9632 shares. The stock had previously closed at C$10.54.

TDb Split Stock Down 1.3%

The stock has a market cap of C$50.00 million, a P/E ratio of 2.00 and a beta of 2.61. 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 stock’s 50-day moving average is C$8.59 and its 200-day moving average is C$7.31.

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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