TDb Split (TSE:XTD) Stock Crosses Above 50 Day Moving Average – Should You Sell?

TDb Split Corp. (TSE:XTDGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$5.49 and traded as high as C$5.74. TDb Split shares last traded at C$5.66, with a volume of 5,256 shares trading hands.

TDb Split Stock Performance

The company has a debt-to-equity ratio of 764.52, a quick ratio of 1.51 and a current ratio of 1.13. The business has a 50-day moving average price of C$5.49 and a 200 day moving average price of C$4.82. The stock has a market capitalization of C$26.46 million, a P/E ratio of 3.47 and a beta of 2.16.

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.

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