Tantalus Systems Holding Inc. (TSE:GRID) Director Thomas Craig Liston Buys 20,000 Shares

Tantalus Systems Holding Inc. (TSE:GRID) Director Thomas Craig Liston bought 20,000 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of C$1.60 per share, for a total transaction of C$32,000.00.

Tantalus Systems Stock Performance

Shares of GRID stock traded up C$0.04 during trading on Wednesday, hitting C$1.61. The company’s stock had a trading volume of 46,915 shares, compared to its average volume of 134,673. The business has a fifty day moving average of C$1.69 and a 200-day moving average of C$1.18. The company has a market cap of C$83.98 million, a PE ratio of -39.25 and a beta of 0.47. Tantalus Systems Holding Inc. has a 52 week low of C$0.68 and a 52 week high of C$2.06. The company has a current ratio of 0.77, a quick ratio of 0.51 and a debt-to-equity ratio of 1,437.76.

Analysts Set New Price Targets

GRID has been the topic of several recent analyst reports. Cormark raised their price objective on Tantalus Systems from C$2.25 to C$2.50 in a research note on Friday, April 12th. Haywood Securities raised their price target on shares of Tantalus Systems from C$2.50 to C$3.00 in a research report on Thursday, April 4th.

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.