Tantalus Systems (TSE:GRID) Trading Up 3.7% – Here’s Why

Tantalus Systems Holding Inc. (TSE:GRID)’s stock price traded up 3.7% during trading on Monday . The company traded as high as C$4.35 and last traded at C$4.23. Approximately 171,967 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 166,981 shares. The stock had previously closed at C$4.08.

Tantalus Systems Price Performance

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 stock has a fifty day simple moving average of C$4.25 and a two-hundred day simple moving average of C$4.96. The company has a market cap of C$246.10 million, a PE ratio of -216.00 and a beta of 0.41.

Tantalus Systems (TSE:GRID) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. Tantalus Systems had a negative net margin of 1.37% and a negative return on equity of 5.42%. The business had revenue of C$21.91 million during the quarter. During the same period in the prior year, the company earned ($0.02) earnings per share. On average, equities analysts predict that Tantalus Systems Holding Inc. will post 0.0135901 EPS for the current fiscal year.

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.