Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$6.37 and last traded at C$6.18, with a volume of 134258 shares. The stock had previously closed at C$6.07.
Analyst Upgrades and Downgrades
Separately, National Bank Financial set a C$7.00 price objective on Tantalus Systems and gave the company an "outperform" rating in a report on Tuesday, March 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$7.00.
Check Out Our Latest Research Report on GRID
Tantalus Systems Stock Up 2.1%
The firm's 50-day moving average price is C$4.91 and its 200 day moving average price is C$4.65. The company has a current ratio of 1.12, a quick ratio of 0.51 and a debt-to-equity ratio of 113.10. The company has a market capitalization of C$347.25 million, a price-to-earnings ratio of -310.00 and a beta of 0.41.
About Tantalus Systems
(
Get Free Report)
Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tantalus Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tantalus Systems wasn't on the list.
While Tantalus Systems currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
