Tantalus Systems (TSE:GRID) Trading Up 3.8% - Still a Buy?

Key Points

• Tantalus Systems' stock price increased by 3.8% to C$3.79, with significant trading volume rising by 103% compared to its daily average.
• The company, specializing in smart grid technology, has a market cap of C$194.23 million and reports a P/E ratio of -189.50.
• Tantalus Systems aims to enhance utility infrastructures, allowing for faster restoration of power and adaptation to evolving energy resource demands.

Tantalus Systems Holding Inc. (TSE:GRID - ) shares were up 3.8% on Thursday . The company traded as high as C$3.80 and last traded at C$3.79. Approximately 154,596 shares changed hands during trading, an increase of 103% from the average daily volume of 75,971 shares. The stock had previously closed at C$3.65.

Tantalus Systems Stock Up 3.8%

The business's fifty day moving average is C$3.10 and its two-hundred day moving average is C$2.66. The company has a market cap of C$194.23 million, a P/E ratio of -189.50 and a beta of 0.37. The company has a debt-to-equity ratio of 203.30, a quick ratio of 0.51 and a current ratio of 0.96.

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.

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