Tantalus Systems (TSE:GRID) Given New C$3.00 Price Target at Haywood Securities

Tantalus Systems (TSE:GRID) had its price target lifted by Haywood Securities from C$2.50 to C$3.00 in a research note released on Thursday, BayStreet.CA reports.

Separately, Cormark boosted their price objective on shares of Tantalus Systems from C$1.85 to C$2.25 in a research report on Thursday, March 28th.

Tantalus Systems Stock Performance

Shares of GRID opened at C$1.86 on Thursday. The company’s fifty day moving average is C$1.20 and its 200 day moving average is C$0.93. Tantalus Systems has a fifty-two week low of C$0.68 and a fifty-two week high of C$1.92. The stock has a market capitalization of C$82.96 million, a PE ratio of -16.91 and a beta of 0.03. The company has a debt-to-equity ratio of 619.55, a quick ratio of 0.51 and a current ratio of 0.80.

About Tantalus Systems

Tantalus Systems Holding Inc operates as a smart grid technology company in North America and the Caribbean Basin. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The company provides industrial Internet-of-Things smart grid network, edge-computing endpoints, and a suite of enterprise software applications that are used across various departments within a utility and artificial-intelligence -enabled data analytics to help utilities and manage their grids.