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Tantalus Systems (TSE:GRID) Reaches New 1-Year High - Should You Buy?

Tantalus Systems logo with Industrials background

Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$3.32 and last traded at C$3.32, with a volume of 421553 shares trading hands. The stock had previously closed at C$3.00.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Tantalus Systems

Tantalus Systems Trading Up 0.6%

The company has a debt-to-equity ratio of 203.30, a current ratio of 0.96 and a quick ratio of 0.51. The company has a market cap of C$124.09 million, a PE ratio of -94.16 and a beta of 0.34. The firm's 50 day moving average is C$2.60 and its 200 day moving average is C$2.16.

Tantalus Systems Company Profile

(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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