Tantalus Systems (TSE:GRID) Director Thomas Craig Liston Purchases 4,000 Shares

Tantalus Systems Holding Inc. (TSE:GRID) Director Thomas Craig Liston purchased 4,000 shares of Tantalus Systems stock in a transaction dated Monday, March 30th. The shares were acquired at an average cost of C$4.43 per share, for a total transaction of C$17,720.00. Following the transaction, the director directly owned 235,946 shares of the company’s stock, valued at approximately C$1,045,240.78. This represents a 1.72% increase in their position.

Tantalus Systems Trading Up 1.6%

TSE GRID opened at C$4.47 on Wednesday. The company has a debt-to-equity ratio of 113.10, a quick ratio of 0.51 and a current ratio of 1.12. The firm has a market cap of C$250.36 million, a price-to-earnings ratio of -223.50 and a beta of 0.43. The firm has a 50 day simple moving average of C$4.90 and a 200-day simple moving average of C$4.43. Tantalus Systems Holding Inc. has a one year low of C$1.75 and a one year high of C$5.84.

Analyst Ratings Changes

Separately, National Bank Financial set a C$7.00 price target on shares of Tantalus Systems and gave the company an “outperform” rating in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$7.00.

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.