Tantalus Systems (TSE:GRID) PT Raised to C$2.50

Tantalus Systems (TSE:GRID) had its price objective boosted by research analysts at Cormark from C$2.25 to C$2.50 in a research report issued to clients and investors on Friday, BayStreet.CA reports. Cormark’s price target would suggest a potential upside of 31.58% from the company’s current price.

Separately, Haywood Securities increased their target price on shares of Tantalus Systems from C$2.50 to C$3.00 in a report on Thursday, April 4th.

Tantalus Systems Price Performance

GRID opened at C$1.90 on Friday. Tantalus Systems has a 52-week low of C$0.68 and a 52-week high of C$2.06. The stock has a market capitalization of C$84.74 million, a P/E ratio of -38.00 and a beta of 0.48. The company has a debt-to-equity ratio of 619.55, a quick ratio of 0.51 and a current ratio of 0.80. The company’s 50-day simple moving average is C$1.31 and its two-hundred day simple moving average is C$0.97.

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.