Toro Corp. (NASDAQ:TORO – Get Free Report)’s stock price was up 6.8% during trading on Tuesday . The company traded as high as $6.29 and last traded at $6.24. Approximately 120,990 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 810,614 shares. The stock had previously closed at $5.84.
Toro Stock Performance
The company has a debt-to-equity ratio of 0.04, a current ratio of 16.25 and a quick ratio of 16.17. The business’s fifty day moving average is $4.99.
Toro (NASDAQ:TORO – Get Free Report) last posted its earnings results on Wednesday, August 9th. The company reported $0.23 earnings per share for the quarter. The business had revenue of $24.86 million during the quarter.
About Toro
Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates in two segments, Aframax/LR2 tanker and Handysize tanker. Its Aframax/LR2 tankers, which transport crude oil; and Handysize tankers, which transport refined petroleum products.
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