Torrent Capital (CVE:TORR) Hits New 52-Week High – Still a Buy?

Torrent Capital Ltd. (CVE:TORRGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as C$0.70 and last traded at C$0.70, with a volume of 6500 shares trading hands. The stock had previously closed at C$0.64.

Torrent Capital Stock Up 9.4 %

The business has a 50-day simple moving average of C$0.60 and a two-hundred day simple moving average of C$0.57. The stock has a market capitalization of C$17.64 million, a P/E ratio of -11.67 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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