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

TDb Split Corp. (TSE:XTD) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$7.10 and last traded at C$7.10, with a volume of 44218 shares. The stock had previously closed at C$6.80.

TDb Split Stock Down 3.1%

The business has a 50-day simple moving average of C$6.79 and a 200-day simple moving average of C$5.81. The stock has a market cap of C$32.16 million, a P/E ratio of 4.22 and a beta of 2.51. The company has a quick ratio of 1.51, a current ratio of 1.13 and a debt-to-equity ratio of 764.52.

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.