Tantalus Systems (TSE:GRID) Reaches New 12-Month High at $2.06

Shares of Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.06 and last traded at C$1.96, with a volume of 216887 shares trading hands. The stock had previously closed at C$1.86.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Cormark lifted their price objective on shares of Tantalus Systems from C$1.85 to C$2.25 in a report on Thursday, March 28th. Haywood Securities lifted their price objective on shares of Tantalus Systems from C$2.50 to C$3.00 in a report on Thursday.

Tantalus Systems Stock Up 4.8 %

The company's 50 day moving average price is C$1.20 and its 200 day moving average price is C$0.93. The company has a quick ratio of 0.51, a current ratio of 0.80 and a debt-to-equity ratio of 619.55. The firm has a market capitalization of C$86.97 million, a price-to-earnings ratio of -17.64 and a beta of 0.03.

Tantalus Systems Company Profile

Tantalus Systems Holding Inc operates as a smart grid technology company in North America and the Caribbean Basin. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The company provides industrial Internet-of-Things smart grid network, edge-computing endpoints, and a suite of enterprise software applications that are used across various departments within a utility and artificial-intelligence -enabled data analytics to help utilities and manage their grids.