Tantalus Systems (TSE:GRID) Hits New 1-Year High – Should You Buy?

Tantalus Systems Holding Inc. (TSE:GRID)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$5.23 and last traded at C$5.20, with a volume of 80216 shares changing hands. The stock had previously closed at C$5.03.

Tantalus Systems Stock Performance

The firm has a market capitalization of C$275.24 million, a price-to-earnings ratio of -535.00 and a beta of 0.75. The company has a current ratio of 0.96, a quick ratio of 0.51 and a debt-to-equity ratio of 203.30. The stock’s 50-day moving average is C$4.63 and its 200-day moving average is C$3.83.

Tantalus Systems Company Profile

Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity.