Torrent Capital (CVE:TORR) Reaches New 1-Year High – Should You Buy?

Torrent Capital Ltd. (CVE:TORRGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as C$0.77 and last traded at C$0.77, with a volume of 9650 shares trading hands. The stock had previously closed at C$0.72.

Torrent Capital Stock Up 3.9 %

The stock has a market capitalization of C$19.91 million, a PE ratio of -13.17 and a beta of 0.76. The business’s 50-day moving average is C$0.64 and its two-hundred day moving average is C$0.58.

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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