Torrent Capital (CVE:TORR) Hits New 1-Year Low – Here’s Why

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company 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 capitalization of C$13.10 million, a PE ratio of -8.83 and a beta of 0.76. The company has a 50-day moving average price of C$0.55 and a 200 day moving average price 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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