Toro Corp. (NASDAQ:TORO - Get Free Report) fell 2.2% during trading on Friday . The stock traded as low as $2.61 and last traded at $2.67. 16,739 shares were traded during mid-day trading, a decline of 49% from the average session volume of 32,775 shares. The stock had previously closed at $2.73.
Toro Stock Up 1.5 %
The stock's 50-day moving average is $2.90 and its 200-day moving average is $3.07. The firm has a market cap of $51.05 million, a P/E ratio of 2.54 and a beta of 1.24.
About Toro
(
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Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton.
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