TDb Split Corp. (TSE:XTD – Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$6.66 and traded as high as C$6.83. TDb Split shares last traded at C$6.82, with a volume of 2,768 shares changing hands.
TDb Split Price Performance
The company has a quick ratio of 1.51, a current ratio of 1.13 and a debt-to-equity ratio of 764.52. The firm’s fifty day moving average price is C$6.66 and its 200 day moving average price is C$5.68. The stock has a market cap of C$31.88 million, a PE ratio of 4.18 and a beta of 2.51.
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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