Key Points
- Director Thomas Craig Liston purchased 4,000 shares on March 30 at C$4.43 each (C$17,720 total), increasing his direct stake to 235,946 shares (a 1.72% increase) valued at about C$1,045,241.
- Tantalus (TSE:GRID) shares opened at C$4.47 with a 52‑week range of C$1.75–C$5.84 and a market cap of C$250.36M; the stock has a negative P/E and technicals of a 50‑day SMA C$4.90 and 200‑day SMA C$4.43, while analysts have an average "Buy" rating and a C$7.00 price target (National Bank Financial: outperform).
Tantalus Systems Holding Inc. (TSE:GRID - Get Free Report) Director Thomas Craig Liston acquired 4,000 shares of Tantalus Systems stock in a transaction dated Monday, March 30th. The stock was purchased at an average price of C$4.43 per share, for a total transaction of C$17,720.00. Following the completion of the acquisition, the director directly owned 235,946 shares in the company, valued at approximately C$1,045,240.78. This represents a 1.72% increase in their position.
Tantalus Systems Price Performance
Tantalus Systems stock opened at C$4.47 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 0.51 and a debt-to-equity ratio of 113.10. The company has a fifty day simple moving average of C$4.90 and a 200-day simple moving average of C$4.43. The stock has a market cap of C$250.36 million, a P/E ratio of -223.50 and a beta of 0.43. Tantalus Systems Holding Inc. has a 12-month low of C$1.75 and a 12-month high of C$5.84.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial set a C$7.00 price target on Tantalus Systems and gave the stock an "outperform" rating in a report on Tuesday, March 17th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Tantalus Systems has an average rating of "Buy" and an average price target of C$7.00.
Get Our Latest Stock Analysis on GRID
Tantalus Systems Company Profile
(
Get Free Report)
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.
Further Reading
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