Tantalus Systems (TSE:GRID) Hits New 1-Year High – Here’s Why

Tantalus Systems Holding Inc. (TSE:GRIDGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$5.16 and last traded at C$4.93, with a volume of 124802 shares changing hands. The stock had previously closed at C$5.04.

Tantalus Systems Stock Down 2.2%

The firm’s fifty day moving average is C$4.06 and its 200-day moving average is C$3.39. 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 market capitalization of C$253.63 million, a PE ratio of -493.00 and a beta of 0.47.

About Tantalus Systems

(Get Free Report)

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.

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