Tantalus Systems (TSE:GRID) Given a C$3.25 Price Target by Raymond James Analysts

Tantalus Systems (TSE:GRID) received a C$3.25 price target from investment analysts at Raymond James in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James’ price objective would suggest a potential upside of 65.82% from the stock’s previous close.

Tantalus Systems Stock Up 4.3 %

TSE GRID traded up C$0.08 on Wednesday, reaching C$1.96. The company had a trading volume of 30,085 shares, compared to its average volume of 45,558. The company’s fifty day moving average is C$1.89 and its 200-day moving average is C$1.76. Tantalus Systems has a 1-year low of C$1.20 and a 1-year high of C$2.37. The firm has a market capitalization of C$68.70 million, a price-to-earnings ratio of -52.13 and a beta of 0.34. The company has a debt-to-equity ratio of 203.30, a quick ratio of 0.51 and a current ratio of 0.96.

Tantalus Systems Company Profile

Tantalus Systems Holding Inc operates as a smart grid technology company in Canada and the United States. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distributes automation equipment.