TDb Split (TSE:XTD) Stock Price Down 21.2% – Here’s What Happened

TDb Split Corp. (TSE:XTD)’s share price was down 21.2% during mid-day trading on Monday . The company traded as low as C$1.56 and last traded at C$1.56. Approximately 87,923 shares changed hands during mid-day trading, an increase of 629% from the average daily volume of 12,069 shares. The stock had previously closed at C$1.98.

TDb Split Stock Down 3.2 %

The stock has a fifty day moving average of C$2.14 and a 200-day moving average of C$2.10. The firm has a market capitalization of C$13.43 million, a P/E ratio of -4.49 and a beta of 2.14.

TDb Split Company Profile

TDb Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund seeks to invest in the stocks of a company operating in the banking sector. It primarily invests in the common shares of Toronto-Dominion Bank.