Tantalus Systems (TSE:GRID) Trading Up 1% – Here’s What Happened

Tantalus Systems Holding Inc. (TSE:GRID) shares shot up 1% during mid-day trading on Monday . The company traded as high as C$3.96 and last traded at C$3.86. 136,319 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 162,488 shares. The stock had previously closed at C$3.82.

Tantalus Systems Stock Up 1.0%

The firm’s fifty day moving average is C$4.62 and its 200-day moving average is C$5.08. The company has a current ratio of 1.76, a quick ratio of 0.51 and a debt-to-equity ratio of 51.20. The stock has a market capitalization of C$219.89 million, a P/E ratio of -193.00 and a beta of 0.53.

Tantalus Systems (TSE:GRID) last announced its earnings results on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. Tantalus Systems had a negative return on equity of 5.42% and a negative net margin of 1.37%.The business had revenue of C$21.91 million during the quarter. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. As a group, equities research analysts predict that Tantalus Systems Holding Inc. will post 0.0135901 earnings per share for the current year.

About Tantalus Systems

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.