Tantalus Systems (TSE:GRID) Stock Price Down 4.8% – Should You Sell?

Shares of Tantalus Systems Holding Inc. (TSE:GRID) were down 4.8% during mid-day trading on Thursday . The stock traded as low as C$4.05 and last traded at C$4.15. Approximately 94,016 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 138,373 shares. The stock had previously closed at C$4.36.

Tantalus Systems Trading Down 4.8%

The company has a debt-to-equity ratio of 130.07, a quick ratio of 0.51 and a current ratio of 1.11. The company has a market cap of C$232.43 million, a P/E ratio of -415.00 and a beta of 0.43. The business’s 50-day moving average price is C$5.02 and its 200 day moving average price is C$4.27.

Tantalus Systems Company Profile

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.