Tantalus Systems (TSE:GRID) Stock Price Down 0.5% – Time to Sell?

Shares of Tantalus Systems Holding Inc. (TSE:GRID) fell 0.5% on Friday . The stock traded as low as C$1.81 and last traded at C$1.81. 4,200 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 52,478 shares. The stock had previously closed at C$1.82.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their price objective on Tantalus Systems from C$3.25 to C$3.00 in a report on Monday, November 18th.

Tantalus Systems Price Performance

The firm has a market capitalization of C$63.45 million, a price-to-earnings ratio of -48.14 and a beta of 0.34. The company has a fifty day moving average price of C$1.93 and a two-hundred day moving average price of C$1.74. The company has a quick ratio of 0.51, a current ratio of 0.96 and a debt-to-equity ratio of 203.30.

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.