Torrent Capital (CVE:TORR) Reaches New 1-Year High – Should You Buy?

Torrent Capital Ltd. (CVE:TORRGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.77 and last traded at C$0.77, with a volume of 9650 shares. The stock had previously closed at C$0.72.

Torrent Capital Trading Up 3.9 %

The stock’s fifty day moving average price is C$0.64 and its 200-day moving average price is C$0.58. The firm has a market cap of C$19.91 million, a price-to-earnings ratio of -13.17 and a beta of 0.76.

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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