TDb Split (TSE:XTD) Reaches New 1-Year High – Time to Buy?

TDb Split Corp. (TSE:XTDGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as C$9.25 and last traded at C$9.05, with a volume of 26467 shares changing hands. The stock had previously closed at C$8.82.

TDb Split Trading Up 2.6%

The stock has a market cap of C$42.31 million, a PE ratio of 5.55 and a beta of 2.31. The stock has a 50-day moving average price of C$7.21 and a two-hundred day moving average price of C$6.69. The company has a debt-to-equity ratio of 144.48, a current ratio of 1.71 and a quick ratio of 1.51.

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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