Tantalus Systems (TSE:GRID) PT Set at C$7.00 by National Bank Financial

Tantalus Systems (TSE:GRID) has been given a C$7.00 target price by investment analysts at National Bank Financial in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 57.30% from the company’s current price.

Tantalus Systems Price Performance

Shares of Tantalus Systems stock traded up C$0.25 on Tuesday, hitting C$4.45. The company’s stock had a trading volume of 451,924 shares, compared to its average volume of 142,031. The company has a market capitalization of C$249.24 million, a P/E ratio of -445.00 and a beta of 0.43. Tantalus Systems has a 52-week low of C$1.75 and a 52-week high of C$5.84. The firm has a fifty day moving average price of C$4.99 and a 200-day moving average price of C$4.31. The company has a quick ratio of 0.51, a current ratio of 1.11 and a debt-to-equity ratio of 130.07.

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.