Torrent Capital (CVE:TORR) Sets New 1-Year Low – What’s Next?

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.38 and last traded at C$0.40, with a volume of 7000 shares. The stock had previously closed at C$0.46.

Torrent Capital Price Performance

The company has a market capitalization of C$11.59 million, a price-to-earnings ratio of -7.67 and a beta of 0.76. The firm’s fifty day moving average price is C$0.63 and its 200-day moving average price is C$0.61.

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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