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Tantalus Systems (TSE:GRID) Stock Price Down 5.6% - Here's What Happened

Tantalus Systems logo with Industrials background

Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s stock price was down 5.6% on Wednesday . The company traded as low as C$1.70 and last traded at C$1.70. Approximately 74,900 shares were traded during trading, an increase of 1% from the average daily volume of 73,836 shares. The stock had previously closed at C$1.80.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on Tantalus Systems

Tantalus Systems Trading Up 4.7 %

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 50 day moving average is C$1.63 and its 200-day moving average is C$1.53. The company has a market cap of C$90.51 million, a PE ratio of -44.50 and a beta of 0.34.

Tantalus Systems Company Profile

(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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