Torrent Capital (CVE:TORR) Reaches New 52-Week High – Time to Buy?

Shares of Torrent Capital Ltd. (CVE:TORRGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.79 and last traded at C$0.79, with a volume of 3500 shares trading hands. The stock had previously closed at C$0.75.

Torrent Capital Price Performance

The firm has a market cap of C$20.41 million, a P/E ratio of -13.50 and a beta of 0.76. The company’s 50-day moving average is C$0.66 and its two-hundred day moving average is C$0.59.

Torrent Capital Company Profile

(Get Free Report)

Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments.

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