Torrent Capital (CVE:TORR) Reaches New 52-Week Low – Here’s Why

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.50 and last traded at C$0.51, with a volume of 17000 shares changing hands. The stock had previously closed at C$0.56.

Torrent Capital Price Performance

The firm has a market cap of C$13.10 million, a PE ratio of -8.83 and a beta of 0.76. The business has a 50-day simple moving average of C$0.55 and a 200 day simple moving average of 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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