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

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.85 and last traded at C$0.78, with a volume of 3500 shares traded. The stock had previously closed at C$0.80.

Torrent Capital Stock Performance

The stock has a market capitalization of C$20.16 million, a P/E ratio of -13.33 and a beta of 0.76. The company’s fifty day simple moving average is C$0.68 and its two-hundred day simple moving average is C$0.60.

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.

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