Torrent Capital (CVE:TORR) Stock Price Down 2% – Time to Sell?

Torrent Capital Ltd. (CVE:TORRGet Free Report) shares dropped 2% on Friday . The stock traded as low as C$0.50 and last traded at C$0.50. Approximately 1,000 shares were traded during mid-day 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 company has a market capitalization of C$19.09 million, a P/E ratio of 8.33 and a beta of -0.14. The firm has a 50-day moving average price of C$0.50 and a two-hundred day moving average price of C$0.55.

About Torrent Capital

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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.

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