Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s stock price dropped 1.7% on Friday . The company traded as low as C$2.30 and last traded at C$2.35. Approximately 12,901 shares were traded during trading, a decline of 79% from the average daily volume of 62,076 shares. The stock had previously closed at C$2.39.
Wall Street Analyst Weigh In
Separately, Raymond James set a C$3.25 price target on Tantalus Systems and gave the stock an "outperform" rating in a report on Wednesday, March 26th.
View Our Latest Report on Tantalus Systems
Tantalus Systems Price Performance
The firm has a market capitalization of C$82.38 million, a PE ratio of -62.51 and a beta of 0.34. The business has a 50-day moving average of C$2.11 and a 200 day moving average of C$1.96. The company has a current ratio of 0.96, a quick ratio of 0.51 and a debt-to-equity ratio of 203.30.
About Tantalus Systems
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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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