Tantalus Systems (TSE:GRID) Trading 1% Higher – Still a Buy?

Tantalus Systems Holding Inc. (TSE:GRID) rose 1% during trading on Monday . The company traded as high as C$3.96 and last traded at C$3.86. 136,319 shares traded hands during trading, a decline of 16% from the average daily volume of 162,488 shares. The stock had previously closed at C$3.82.

Tantalus Systems Stock Performance

The firm has a 50-day simple moving average of C$4.60 and a two-hundred day simple moving average of C$5.07. The company has a current ratio of 1.76, a quick ratio of 0.51 and a debt-to-equity ratio of 51.20. The company has a market capitalization of C$211.92 million, a price-to-earnings ratio of -186.00 and a beta of 0.53.

Tantalus Systems (TSE:GRID) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$21.91 million during the quarter. Tantalus Systems had a negative net margin of 1.37% and a negative return on equity of 5.42%. During the same period last year, the firm posted ($0.02) earnings per share. As a group, sell-side analysts forecast that Tantalus Systems Holding Inc. will post 0.0135901 earnings per share for the current fiscal year.

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.