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

TDb Split Corp. (TSE:XTDGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$10.85 and last traded at C$10.85, with a volume of 10829 shares trading hands. The stock had previously closed at C$10.70.

TDb Split Stock Up 1.4%

The company has a debt-to-equity ratio of 144.48, a current ratio of 1.71 and a quick ratio of 1.51. The stock has a market capitalization of C$52.17 million, a P/E ratio of 2.09 and a beta of 2.61. The stock’s fifty day moving average is C$8.84 and its two-hundred day moving average is C$7.44.

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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