Torrent Capital (CVE:TORR) Trading 3.4% Higher – What’s Next?

Shares of Torrent Capital Ltd. (CVE:TORRGet Free Report) shot up 3.4% on Monday . The stock traded as high as C$0.60 and last traded at C$0.60. 31,000 shares changed hands during mid-day trading, an increase of 84% from the average session volume of 16,842 shares. The stock had previously closed at C$0.58.

Torrent Capital Trading Up 3.4%

The firm has a market cap of C$22.85 million, a P/E ratio of 2.61 and a beta of 0.34. The business has a 50-day moving average price of C$0.59 and a 200-day moving average price of C$0.61.

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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