Torrent Capital (CVE:TORR) Hits New 52-Week Low – What’s Next?

Shares of Torrent Capital Ltd. (CVE:TORRGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.42 and last traded at C$0.48, with a volume of 26000 shares traded. The stock had previously closed at C$0.50.

Torrent Capital Price Performance

The firm has a market capitalization of C$12.60 million, a PE ratio of -8.33 and a beta of 0.76. The business’s 50 day moving average is C$0.66 and its two-hundred day moving average is C$0.61.

About Torrent Capital

(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.

Further Reading

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