TDb Split (TSE:XTD) Reaches New 52-Week High – Here’s Why

TDb Split Corp. (TSE:XTDGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$8.25 and last traded at C$8.25, with a volume of 8535 shares traded. The stock had previously closed at C$8.07.

TDb Split Stock Up 2.2%

The firm has a market capitalization of C$38.57 million, a price-to-earnings ratio of 5.06 and a beta of 2.31. The stock has a 50 day moving average of C$7.06 and a 200 day moving average of C$6.62. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 144.48.

About TDb Split

(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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