Torrent Capital (CVE:TORR) Reaches New 1-Year High – Should You Buy?

Torrent Capital Ltd. (CVE:TORR)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.79 and last traded at C$0.79, with a volume of 3500 shares traded. The stock had previously closed at C$0.75.

Torrent Capital Price Performance

The stock’s 50 day moving average is C$0.65 and its two-hundred day moving average is C$0.59. The stock has a market capitalization of C$19.91 million, a PE ratio of -13.17 and a beta of 0.76.

Torrent Capital Company Profile

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.