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Tantalus Systems (TSE:GRID) Reaches New 12-Month High - Time to Buy?

Tantalus Systems logo with Industrials background

Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as C$2.06 and last traded at C$1.95, with a volume of 77980 shares. The stock had previously closed at C$1.80.

Analyst Ratings Changes

Separately, Canaccord Genuity Group dropped their target price on shares of Tantalus Systems from C$3.25 to C$3.00 in a report on Monday, November 18th.

Read Our Latest Stock Report on GRID

Tantalus Systems Trading Up 10.0 %

The company has a quick ratio of 0.51, a current ratio of 0.97 and a debt-to-equity ratio of 196.46. The stock's fifty day moving average price is C$1.64 and its two-hundred day moving average price is C$1.53. The company has a market capitalization of C$100.68 million, a PE ratio of -49.50 and a beta of 0.34.

About Tantalus Systems

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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