Torrent Capital (CVE:TORR) Reaches New 1-Year Low – Time to Sell?

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.42 and last traded at C$0.48, with a volume of 26000 shares. The stock had previously closed at C$0.50.

Torrent Capital Stock Down 5.0 %

The firm has a 50-day moving average of C$0.68 and a two-hundred day moving average of C$0.61. The company has a market capitalization of C$11.97 million, a PE ratio of -7.92 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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