Tantalus Systems (TSE:GRID) Given a C$3.25 Price Target at Raymond James

Tantalus Systems (TSE:GRID - Get Free Report) has been given a C$3.25 target price by research analysts at Raymond James in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James' price target would suggest a potential upside of 62.50% from the company's current price.

Tantalus Systems Trading Up 3.6 %

Shares of TSE GRID traded up C$0.07 during mid-day trading on Wednesday, hitting C$2.00. 45,900 shares of the company traded hands, compared to its average volume of 45,387. Tantalus Systems has a 1 year low of C$1.20 and a 1 year high of C$2.37. The company has a quick ratio of 0.51, a current ratio of 0.96 and a debt-to-equity ratio of 203.30. The stock has a market capitalization of C$70.11 million, a price-to-earnings ratio of -53.20 and a beta of 0.34. The business has a 50 day moving average of C$1.89 and a two-hundred day moving average of C$1.77.

About Tantalus Systems

Tantalus Systems Holding Inc operates as a smart grid technology company in Canada and the United States. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distributes automation equipment.