Shares of Torrent Capital Ltd. (CVE:TORR – Get Free Report) reached a new 52-week high during mid-day trading 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 moving average price of C$0.60 and a 200-day moving average price of C$0.57. The firm has a market cap of C$17.64 million, a price-to-earnings ratio of -11.67 and a beta of 0.76.
About Torrent Capital
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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