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Tantalus Systems (TSE:GRID) Reaches New 1-Year High - Still a Buy?

Tantalus Systems logo with Industrials background

Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as C$2.78 and last traded at C$2.62, with a volume of 87355 shares trading hands. The stock had previously closed at C$2.67.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial set a C$3.25 price objective on Tantalus Systems and gave the stock an "outperform" rating in a report on Wednesday, March 26th.

Get Our Latest Research Report on Tantalus Systems

Tantalus Systems Stock Up 5.1%

The company has a current ratio of 0.96, a quick ratio of 0.51 and a debt-to-equity ratio of 203.30. The business has a fifty day simple moving average of C$2.27 and a two-hundred day simple moving average of C$2.02. The company has a market cap of C$94.64 million, a PE ratio of -71.81 and a beta of 0.34.

About Tantalus Systems

(Get Free Report)

Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity.

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