Torrent Capital (CVE:TORR) Director Acquires C$12,600.00 in Stock

Torrent Capital Ltd. (CVE:TORR) Director R. Wayne Myles purchased 20,000 shares of the stock in a transaction on Thursday, October 23rd. The stock was acquired at an average cost of C$0.63 per share, for a total transaction of C$12,600.00. Following the acquisition, the director directly owned 380,459 shares in the company, valued at approximately C$239,689.17. This trade represents a 5.55% increase in their ownership of the stock.

R. Wayne Myles also recently made the following trade(s):

• On Thursday, October 23rd, R. Wayne Myles bought 1,500 shares of Torrent Capital stock. The shares were acquired at an average price of C$0.63 per share, for a total transaction of C$945.00.
• On Monday, October 27th, R. Wayne Myles bought 3,000 shares of Torrent Capital stock. The stock was acquired at an average cost of C$0.63 per share, for a total transaction of C$1,890.00.
• On Monday, October 27th, R. Wayne Myles purchased 15,000 shares of Torrent Capital stock. The stock was acquired at an average cost of C$0.63 per share, with a total value of C$9,450.00.
• On Monday, November 10th, R. Wayne Myles purchased 16,000 shares of Torrent Capital stock. The shares were acquired at an average price of C$0.60 per share, with a total value of C$9,600.00.
• On Tuesday, November 11th, R. Wayne Myles acquired 2,500 shares of Torrent Capital stock. The shares were bought at an average cost of C$0.60 per share, for a total transaction of C$1,500.00.
• On Tuesday, October 28th, R. Wayne Myles acquired 38,500 shares of Torrent Capital stock. The stock was bought at an average price of C$0.62 per share, for a total transaction of C$23,870.00.

Torrent Capital Price Performance

Shares of TORR traded down C$0.04 during mid-day trading on Friday, reaching C$0.56. The company had a trading volume of 1,500 shares, compared to its average volume of 16,616. The company has a market capitalization of C$21.33 million, a P/E ratio of 3.50 and a beta of 0.35. Torrent Capital Ltd. has a twelve month low of C$0.35 and a twelve month high of C$0.85. The company’s 50-day moving average is C$0.61 and its 200-day moving average is C$0.62.

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.