R. Wayne Myles Acquires 38,500 Shares of Torrent Capital (CVE:TORR) Stock

Torrent Capital Ltd. (CVE:TORR) Director R. Wayne Myles purchased 38,500 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were acquired at an average price of C$0.62 per share, for a total transaction of C$23,870.00. Following the purchase, the director directly owned 438,459 shares in the company, valued at approximately C$271,844.58. The trade was a 9.63% increase in their ownership of the stock.

Torrent Capital Price Performance

Shares of Torrent Capital stock opened at C$0.61 on Friday. The company’s fifty day simple moving average is C$0.62 and its 200-day simple moving average is C$0.61. The stock has a market capitalization of C$23.23 million, a PE ratio of 3.81 and a beta of 0.24. Torrent Capital Ltd. has a 1-year low of C$0.35 and a 1-year high of C$0.85.

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.