Tantalus Systems (TSE:GRID) Hits New 1-Year High – Should You Buy?

Tantalus Systems Holding Inc. (TSE:GRID) hit a new 52-week high on Monday . The stock traded as high as C$2.06 and last traded at C$1.95, with a volume of 77980 shares changing hands. The stock had previously closed at C$1.80.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reduced their price objective on shares of Tantalus Systems from C$3.25 to C$3.00 in a research note on Monday, November 18th.

Tantalus Systems Stock Up 2.6 %

The company has a debt-to-equity ratio of 196.46, a current ratio of 0.97 and a quick ratio of 0.51. The stock has a market cap of C$100.68 million, a price-to-earnings ratio of -49.50 and a beta of 0.34. The firm has a 50 day simple moving average of C$1.66 and a two-hundred day simple moving average of C$1.54.

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.