Tantalus Systems (TSE:GRID) Announces Quarterly Earnings Results

Tantalus Systems (TSE:GRID) released its quarterly earnings data on Wednesday. The company reported C$0.03 earnings per share for the quarter, FiscalAI reports. Tantalus Systems had a negative net margin of 1.37% and a negative return on equity of 5.42%. The firm had revenue of C$20.36 million for the quarter.

Tantalus Systems Stock Performance

GRID stock traded up C$0.07 during midday trading on Wednesday, reaching C$4.55. The company had a trading volume of 92,843 shares, compared to its average volume of 157,164. The firm has a market capitalization of C$259.20 million, a PE ratio of -227.50 and a beta of -0.18. The stock has a 50 day moving average price of C$4.28 and a 200 day moving average price of C$4.90. Tantalus Systems has a fifty-two week low of C$3.51 and a fifty-two week high of C$6.64. The company has a quick ratio of 0.51, a current ratio of 1.76 and a debt-to-equity ratio of 51.20.

About Tantalus Systems

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.