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

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.79 and last traded at C$0.79, with a volume of 3500 shares. The stock had previously closed at C$0.75.

Torrent Capital Price Performance

The business has a 50-day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.59. The stock has a market cap of C$20.41 million, a price-to-earnings ratio of -13.50 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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