Tantalus Systems (TSE:GRID) Trading Down 1.1% – What’s Next?

Shares of Tantalus Systems Holding Inc. (TSE:GRID) fell 1.1% during mid-day trading on Wednesday . The stock traded as low as C$5.34 and last traded at C$5.36. 82,242 shares were traded during mid-day trading, a decline of 36% from the average session volume of 128,114 shares. The stock had previously closed at C$5.42.

Tantalus Systems Stock Performance

The company has a quick ratio of 0.51, a current ratio of 0.96 and a debt-to-equity ratio of 203.30. The stock has a fifty day moving average price of C$5.06 and a 200-day moving average price of C$4.10. The firm has a market cap of C$300.20 million, a price-to-earnings ratio of -536.00 and a beta of 1.13.

About Tantalus Systems

Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity.