TDb Split Corp. (TSE:XTD – Get Free Report)’s share price shot up 0.2% during mid-day trading on Friday. The stock traded as high as C$9.96 and last traded at C$9.96. Approximately 5,501 shares were traded during trading, a decline of 73% from the average daily volume of 20,168 shares. The stock had previously closed at C$9.94.
TDb Split Price Performance
The company has a debt-to-equity ratio of 85.72, a quick ratio of 1.51 and a current ratio of 2.18. The stock has a market cap of C$53.71 million, a price-to-earnings ratio of 1.40 and a beta of 2.20. The business’s fifty day simple moving average is C$9.13 and its 200 day simple moving average is C$8.52.
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.
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