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01 Communique Rebrands as 01 Quantum to Emphasize Quantum-Safe Cybersecurity

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01 Communique Rebrands as 01 Quantum to Emphasize Quantum-Safe Cybersecurity

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An announcement from 01 Communique Laboratory Inc. ( (TSE:ONE) ) is now available.

01 Quantum Inc. has announced a name change from 01 Communique Laboratory Inc. to better align with its strategic focus on quantum-safe cybersecurity solutions. This change, effective on the TSX Venture Exchange, reflects the company’s commitment to advancing its position in the digital era, potentially impacting its market presence and stakeholder engagement.

The most recent analyst rating on (TSE:ONE) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on 01 Communique Laboratory Inc. stock, see the TSE:ONE Stock Forecast page.

Spark’s Take on TSE:ONE Stock

According to Spark, TipRanks’ AI Analyst, TSE:ONE is a Neutral.

The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues and persistent losses. Technical analysis provides a neutral outlook, while poor valuation metrics further weigh down the score.

To see Spark’s full report on TSE:ONE stock, click here.

More about 01 Communique Laboratory Inc.

01 Quantum, formerly known as 01 Communique Laboratory Inc., operates in the cybersecurity industry, focusing on post-quantum cybersecurity and remote access solutions. The company is recognized for its IronCAP™ product line, which offers quantum-safe cybersecurity technologies. Additionally, it provides secure remote access services under the I’m InTouch and I’m OnCall product offerings, protected by patents in the USA, Canada, and Japan.

Average Trading Volume: 92,428

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$47.58M

See more data about ONE stock on TipRanks’ Stock Analysis page.

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