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

Tantalus Systems (TSE:GRID) had its price objective hoisted by stock analysts at Cormark from C$2.25 to C$2.50 in a research note issued to investors on Friday, BayStreet.CA reports. Cormark’s price target points to a potential upside of 32.28% from the company’s current price.

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

Tantalus Systems Stock Up 3.8 %

TSE:GRID traded up C$0.07 during midday trading on Friday, reaching C$1.89. 411,560 shares of the stock traded hands, compared to its average volume of 182,482. Tantalus Systems has a 12-month low of C$0.68 and a 12-month high of C$2.06. The business has a 50-day moving average of C$1.29 and a two-hundred day moving average of C$0.96. 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 stock has a market capitalization of C$84.29 million, a PE ratio of -17.09 and a beta of 0.03.

Tantalus Systems Company Profile

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.