Torrent Capital Ltd. (CVE:TORR – Get Free Report) dropped 2% during mid-day trading on Friday . The company traded as low as C$0.50 and last traded at C$0.50. Approximately 1,000 shares changed hands during trading, a decline of 93% from the average daily volume of 14,407 shares. The stock had previously closed at C$0.51.
Torrent Capital Stock Down 2.0%
The stock’s 50 day moving average price is C$0.50 and its 200-day moving average price is C$0.55. The stock has a market capitalization of C$19.09 million, a P/E ratio of 8.33 and a beta of -0.14.
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. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.
See Also
- Five stocks we like better than Torrent Capital
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Receive News & Ratings for Torrent Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torrent Capital and related companies with MarketBeat.com's FREE daily email newsletter.
