Torrent Capital (CVE:TORR) Reaches New 12-Month High – What’s Next?

Torrent Capital Ltd. (CVE:TORR – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.70 and last traded at C$0.70, with a volume of 1500 shares traded. The stock had previously closed at C$0.68.

Torrent Capital Stock Up 2.9 %

The stock’s 50-day simple moving average is C$0.58 and its 200 day simple moving average is C$0.57. The stock has a market capitalization of C$17.64 million, a price-to-earnings ratio of -11.67 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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