Tantalus Systems (TSE:GRID) Reaches New 52-Week High – Here’s Why

Shares of Tantalus Systems Holding Inc. (TSE:GRIDGet Free Report) hit a new 52-week high on Friday . The stock traded as high as C$4.49 and last traded at C$4.49, with a volume of 83661 shares. The stock had previously closed at C$4.13.

Tantalus Systems Stock Performance

The company has a debt-to-equity ratio of 203.30, a current ratio of 0.96 and a quick ratio of 0.51. The company has a market capitalization of C$230.10 million, a PE ratio of -224.50 and a beta of 0.27. The company has a 50 day moving average of C$3.43 and a two-hundred day moving average of C$2.97.

About Tantalus Systems

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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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