Tantalus Systems (TSE:GRID) Shares Down 0.5% - Here's What Happened

Shares of Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report) traded down 0.5% on Friday . The stock traded as low as C$1.81 and last traded at C$1.81. 4,200 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 52,478 shares. The stock had previously closed at C$1.82.

Wall Street Analyst Weigh In

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

Tantalus Systems Trading Up 4.1 %

The company has a market capitalization of C$62.04 million, a PE ratio of -47.08 and a beta of 0.34. 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's fifty day moving average price is C$1.93 and its two-hundred day moving average price is C$1.74.

Tantalus Systems Company Profile

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.