Torrent Capital (CVE:TORR) Sets New 12-Month High – Still a Buy?

Torrent Capital Ltd. (CVE:TORRGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as C$0.70 and last traded at C$0.70, with a volume of 1500 shares trading hands. The stock had previously closed at C$0.68.

Torrent Capital Trading Up 2.9 %

The stock has a market cap of C$17.64 million, a P/E ratio of -11.67 and a beta of 0.76. The company’s 50 day moving average price is C$0.59 and its two-hundred day moving average price is C$0.57.

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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