Trenchant Capital (CVE:TCC) Shares Up 9.1%
Trenchant Capital Corp (CVE:TCC)’s stock price shot up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12, 500 shares were traded during mid-day trading. A decline of 74% from the average session volume of 1,960 shares. The stock had previously closed at C$0.11.
The business has a fifty day moving average price of C$0.43 and a 200 day moving average price of C$0.38. The company has a debt-to-equity ratio of 907.48, a current ratio of 0.87 and a quick ratio of 0.85. The company has a market capitalization of $1.28 million and a price-to-earnings ratio of -17.14.
Trenchant Capital Company Profile (CVE:TCC)
Trenchant Capital Corp., an investment and venture capital company, focuses on providing special situation debt financing to various companies in Canada. The company was formerly known as Echelon Petroleum Corp. and changed its name to Trenchant Capital Corp. in May 2017. Trenchant Capital Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.
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