TDb Split (TSE:XTD) Reaches New 1-Year High – Still a Buy?

TDb Split Corp. (TSE:XTDGet Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$10.95 and last traded at C$10.85, with a volume of 20970 shares traded. The stock had previously closed at C$10.60.

TDb Split Stock Performance

The stock has a 50 day moving average price of C$9.44 and a two-hundred day moving average price of C$7.75. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 144.48. The company has a market cap of C$51.93 million, a price-to-earnings ratio of 2.08 and a beta of 2.59.

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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