TDb Split (TSE:XTD) Sets New 12-Month High – Should You Buy?
by Jessica Moore · The Cerbat GemTDb Split Corp. (TSE:XTD – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$10.25 and last traded at C$10.20, with a volume of 41622 shares. The stock had previously closed at C$9.92.
TDb Split Stock Up 1.9%
The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 144.48. The firm has a market cap of C$49.81 million, a P/E ratio of 2.00 and a beta of 2.61. The stock’s 50-day simple moving average is C$8.31 and its 200 day simple moving average is C$7.17.
TDb Split Company Profile
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.