You can shoot a volley of torps in that position but your chances of hitting is narrow. I did that with a light cruiser and got 3 hits out of 4. If I were you I'd fire and, dive deep (about 200) run silent and head North. If you're lucky run parallel and set up another attack. But I suspect those escorts will give you a hard time in which case I'd move away.
P.S. Excuse me but I had a rough night at a House of Ill-repute. Just don't tell the Admiral's daughter- she's a real hottie!