Torrent Capital (CVE:TORR) Stock Price Down 7.5% – What’s Next?

Torrent Capital Ltd. (CVE:TORRGet Free Report) shares traded down 7.5% during trading on Tuesday . The stock traded as low as C$0.62 and last traded at C$0.62. 54,200 shares were traded during trading, an increase of 182% from the average session volume of 19,207 shares. The stock had previously closed at C$0.67.

Torrent Capital Stock Performance

The firm’s fifty day simple moving average is C$0.70 and its 200 day simple moving average is C$0.62. The firm has a market cap of C$15.62 million, a P/E ratio of -10.33 and a beta of 0.76.

About Torrent Capital

(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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