Tantalus Systems (TSE:GRID) Shares Up 1% – Should You Buy?

Tantalus Systems Holding Inc. (TSE:GRID) rose 1% on Thursday . The company traded as high as C$2.02 and last traded at C$2.00. Approximately 9,550 shares were traded during trading, a decline of 84% from the average daily volume of 60,429 shares. The stock had previously closed at C$1.98.

Analyst Upgrades and Downgrades

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

Tantalus Systems Trading Up 1.0 %

The company has a market capitalization of C$70.11 million, a PE ratio of -53.20 and a beta of 0.34. The company has a debt-to-equity ratio of 203.30, a current ratio of 0.96 and a quick ratio of 0.51. The firm’s 50 day moving average is C$1.95 and its 200 day moving average is C$1.69.

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.