Raymond James Reiterates C$3.25 Price Target for Tantalus Systems (TSE:GRID)

Raymond James set a C$3.25 price target on Tantalus Systems (TSE:GRID) in a research report released on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Tantalus Systems Stock Performance

TSE:GRID opened at C$1.95 on Wednesday. The company has a quick ratio of 0.51, a current ratio of 0.96 and a debt-to-equity ratio of 203.30. The firm has a market capitalization of C$68.35 million, a PE ratio of -51.87 and a beta of 0.34. Tantalus Systems has a 12-month low of C$1.20 and a 12-month high of C$2.37. The firm has a 50-day moving average price of C$1.89 and a 200 day moving average price of C$1.76.

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.