Shares of Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report) dropped 1.7% during mid-day trading on Friday . The stock 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.
Analyst Ratings Changes
Separately, Raymond James set a C$3.25 target price on Tantalus Systems and gave the company an "outperform" rating in a research report on Wednesday, March 26th.
Read Our Latest Report on Tantalus Systems
Tantalus Systems Price Performance
The company has a quick ratio of 0.51, a current ratio of 0.96 and a debt-to-equity ratio of 203.30. The company has a market cap of C$83.43 million, a price-to-earnings ratio of -63.30 and a beta of 0.34. The stock's 50-day simple moving average is C$2.14 and its 200 day simple moving average is C$1.97.
Tantalus Systems Company Profile
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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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