Tantalus Systems (TSE:GRID) Shares Up 5.4%

Shares of Tantalus Systems Holding Inc. (TSE:GRID) traded up 5.4% during trading on Friday . The company traded as high as C$1.80 and last traded at C$1.76. 21,721 shares changed hands during trading, a decline of 86% from the average session volume of 152,447 shares. The stock had previously closed at C$1.67.

Analyst Ratings Changes

GRID has been the subject of several research analyst reports. Cormark upped their price target on shares of Tantalus Systems from C$2.25 to C$2.50 in a research report on Friday, April 12th. Haywood Securities raised their price target on Tantalus Systems from C$2.50 to C$3.00 in a research note on Thursday, April 4th.

Tantalus Systems Trading Up 5.4 %

The firm has a market cap of C$78.50 million, a P/E ratio of -35.20 and a beta of 0.48. The company’s 50 day moving average is C$1.58 and its two-hundred day moving average is C$1.07. The company has a debt-to-equity ratio of 619.55, a current ratio of 0.80 and a quick ratio of 0.51.

About Tantalus Systems

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.