Tantalus Systems (TSE:GRID) Trading 1% Higher – What’s Next?

Tantalus Systems Holding Inc. (TSE:GRID)’s stock price traded up 1% during trading on Monday . The company traded as high as C$3.96 and last traded at C$3.86. Approximately 136,319 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 162,488 shares. The stock had previously closed at C$3.82.

Tantalus Systems Stock Performance

The firm has a 50 day moving average of C$4.62 and a two-hundred day moving average of C$5.08. The stock has a market cap of C$219.89 million, a P/E ratio of -193.00 and a beta of 0.53. The company has a debt-to-equity ratio of 51.20, a quick ratio of 0.51 and a current ratio of 1.76.

Tantalus Systems (TSE:GRID) last released its earnings results on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. The company had revenue of C$21.91 million for the quarter. Tantalus Systems had a negative net margin of 1.37% and a negative return on equity of 5.42%. During the same period in the prior year, the firm posted ($0.02) EPS. On average, research analysts predict that Tantalus Systems Holding Inc. will post 0.0135901 EPS for the current fiscal year.

Tantalus Systems Company Profile

Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements.