Torrent Capital (CVE:TORR) Stock Price Down 4.6% – Should You Sell?

by · The Markets Daily

Torrent Capital Ltd. (CVE:TORR – Get Free Report) was down 4.6% on Wednesday . The company traded as low as C$0.62 and last traded at C$0.62. Approximately 9,000 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 16,827 shares. The stock had previously closed at C$0.65.

Torrent Capital Stock Performance

The firm has a 50-day moving average of C$0.58 and a 200-day moving average of C$0.57. The firm has a market capitalization of C$15.62 million, a P/E ratio of -10.33 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.

Featured Articles