Tantalus Systems (TSE:GRID) PT Set at C$3.25 by Raymond James

Tantalus Systems (TSE:GRID) has been assigned a C$3.25 price objective by stock analysts at Raymond James in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James’ price target points to a potential upside of 68.39% from the company’s previous close.

Tantalus Systems Price Performance

Shares of TSE GRID opened at C$1.93 on Wednesday. Tantalus Systems has a twelve month low of C$1.20 and a twelve month high of C$2.37. The company has a current ratio of 0.96, a quick ratio of 0.51 and a debt-to-equity ratio of 203.30. The firm has a 50-day moving average of C$1.89 and a two-hundred day moving average of C$1.76. The company has a market capitalization of C$67.65 million, a price-to-earnings ratio of -51.33 and a beta of 0.34.

About Tantalus Systems

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.