Tantalus Systems (TSE:GRID) Given a C$3.25 Price Target by Raymond James Analysts

Tantalus Systems (TSE:GRID) has been given a C$3.25 price objective by equities research analysts at Raymond James in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price target suggests a potential upside of 68.39% from the stock’s previous close.

Tantalus Systems Stock Down 1.0 %

Shares of Tantalus Systems stock opened at C$1.93 on Wednesday. Tantalus Systems has a 1 year low of C$1.20 and a 1 year high of C$2.37. The company has a market cap of C$67.65 million, a P/E ratio of -51.33 and a beta of 0.34. 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 has a 50-day moving average price of C$1.89 and a 200 day moving average price of C$1.76.

Tantalus Systems Company Profile

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.