TDb Split (TSE:XTD) Hits New 1-Year High – Should You Buy?
by Amy Steele · The Cerbat GemTDb Split Corp. (TSE:XTD – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$9.39 and last traded at C$9.39, with a volume of 25584 shares traded. The stock had previously closed at C$8.99.
TDb Split Trading Down 2.8%
The company has a market capitalization of C$42.73 million, a price-to-earnings ratio of 5.61 and a beta of 2.61. The company has a debt-to-equity ratio of 144.48, a quick ratio of 1.51 and a current ratio of 1.71. The firm has a fifty day moving average price of C$7.77 and a 200-day moving average price of C$6.93.
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.