Cormark Raises Tantalus Systems (TSE:GRID) Price Target to C$2.50

Tantalus Systems (TSE:GRIDFree Report) had its target price boosted by Cormark from C$2.25 to C$2.50 in a report published on Friday, BayStreet.CA reports.

Separately, Haywood Securities boosted their target price on shares of Tantalus Systems from C$2.50 to C$3.00 in a research report on Thursday, April 4th.

Read Our Latest Stock Report on Tantalus Systems

Tantalus Systems Trading Up 4.4 %

TSE GRID opened at C$1.90 on Friday. The company’s fifty day simple moving average is C$1.31 and its 200-day simple moving average is C$0.97. Tantalus Systems has a 52 week low of C$0.68 and a 52 week high of C$2.06. The company has a current ratio of 0.80, a quick ratio of 0.51 and a debt-to-equity ratio of 619.55. The stock has a market cap of C$84.74 million, a P/E ratio of -38.00 and a beta of 0.48.

Tantalus Systems Company Profile

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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.

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