Tantalus Systems (GRID) Stock Price, News & Analysis

Company Overview

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. It also sells multi-relay load control switches, communications infrastructure devices to deliver an industrial network-of-things/ Internet-of-Things (IoT) smart grid, including base stations, repeaters, and collectors. The Utility Software Applications and Services provides software licenses; hosting services; software as a service; professional services, including project management, deployment, installation, and engineering support; and post-contract technical support and annual software maintenance services. The company offers TRUConnect AMI; a multi-commodity industrial IoT network; that delivers visibility, command, and control of assets managed by utilities; TRUFlex Load+DER Management system, manages various residential and commercial loads; TRUGrid Automation, a suite of application and analytics tools to identify anomalies from data; TRUSync Grid Data Management, grid data management system that automates utility data; and TRUSense Gateway solutions. Tantalus Systems Holding Inc. is headquartered in Burnaby, Canada.

Key Stats

• Today's Range: C$1.87 to C$1.93
• 50-Day Range: C$1.48 to C$1.98
• 52-Week Range: C$0.77 to C$2.06
• Volume: 35,000 shs
• Average Volume: 72,937 shs
• Market Capitalization: C$96.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$2.83
• Consensus Rating: N/A

Tantalus Systems Stock Analysis - MarketRank™

Tantalus Systems scored higher than 8% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: N/A

Amount of Analyst Coverage

Tantalus Systems has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tantalus Systems is -47.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tantalus Systems is -47.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Tantalus Systems has a P/B Ratio of 14.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GRID.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Tantalus Systems does not currently pay a dividend.

Dividend Growth

Tantalus Systems does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GRID.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: N/A

News Sentiment

Tantalus Systems has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Tantalus Systems this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tantalus Systems insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.78% of the stock of Tantalus Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 17.01% of the stock of Tantalus Systems is held by institutions.

GRID Stock Analysis - Frequently Asked Questions

How have GRID shares performed this year?

Tantalus Systems' stock was trading at C$0.82 at the start of the year. Since then, GRID shares have increased by 131.7% and is now trading at C$1.90.
View the best growth stocks for 2024 here.

How do I buy shares of Tantalus Systems?

Shares of GRID stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Tantalus Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tantalus Systems investors own include BQE Water (BQE), Bird Construction (BDT), BBTV (BBTV), A and W Revenue Royalties Income Fund (AW.UN), ARC Resources (ARX), Africa Oil (AOIFF) and Alamos Gold (AGI).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Electrical Equipment & Parts
• Sub-Industry: N/A
• Current Symbol: TSE:GRID
• CUSIP: N/A
• CIK: N/A
• Web: www.tantalus.com
• Phone: 604 299 0458
• Fax: N/A
• Employees: 126
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.83
• High Stock Price Target: C$3.00
• Low Stock Price Target: C$2.50
• Potential Upside/Downside: +49.1%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 139.81
• P/E Growth: N/A
• Net Income: C$-1,660,000.00
• Net Margins: -4.09%
• Pretax Margin: N/A
• Return on Equity: -41.82%
• Return on Assets: -4.13%

Debt

• Debt-to-Equity Ratio: 196.46
• Current Ratio: 0.97
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: C$40.65 million
• Price / Sales: 2.38
• Cash Flow: C$0.33 per share
• Price / Cash Flow: 5.74
• Book Value: C$0.13 per share
• Price / Book: 14.62

Miscellaneous

• Outstanding Shares: 50,850,000
• Free Float: N/A
• Market Cap: C$96.62 million
• Optionable: Not Optionable
• Beta: 0.34