Tantalus Systems (TSE:GRID) Trading Up 0.6% - What's Next?

Key Points

• Tantalus Systems Holding Inc. (TSE:GRID) shares rose by 0.6% to C$3.18, with a trading volume decline of 43% from the average, indicating lower investor activity.
• The company's market capitalization stands at C$111.47 million and it has a concerning debt-to-equity ratio of 203.30, highlighting potential financial risks.
• Tantalus specializes in smart grid technology, focusing on enhancing utility efficiency and reliability through advanced multi-directional grid solutions.

Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report)'s share price rose 0.6% on Monday . The stock traded as high as C$3.21 and last traded at C$3.18. Approximately 42,357 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 74,660 shares. The stock had previously closed at C$3.16.

Tantalus Systems Stock Performance

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 firm has a market cap of C$105.51 million, a price-to-earnings ratio of -80.06 and a beta of 0.34. The company has a fifty day moving average price of C$2.87 and a two-hundred day moving average price of C$2.29.

About Tantalus Systems

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.