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Liberty Defense Holdings ( (TSE:SCAN) ) just unveiled an update.
Liberty Defense Holdings has announced a strategic partnership with Noble IQ to enhance the deployment and support of its HEXWAVE walkthrough screening system across the United States. This collaboration will leverage Noble IQ’s extensive experience in supporting detection and analytical equipment for military and security clients, ensuring professional installation, training, and 24/7 technical support for Liberty’s customers, which is crucial for the company’s growth strategy and customer satisfaction.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Spark’s Take on TSE:SCAN Stock
According to Spark, TipRanks’ AI Analyst, TSE:SCAN is a Neutral.
The overall stock score is primarily influenced by the company’s weak financial performance, characterized by ongoing losses and negative equity. Technical analysis also indicates a bearish trend, with the stock trading below key moving averages. Valuation metrics are unfavorable due to a negative P/E ratio and lack of dividend yield. These factors collectively contribute to a low overall stock score.
To see Spark’s full report on TSE:SCAN stock, click here.
More about Liberty Defense Holdings
Liberty Defense Holdings is a technology provider specializing in AI-based detection solutions for concealed weapons and threats, primarily targeting high-traffic areas such as airports, stadiums, and schools. The company offers the HEXWAVE product, which utilizes active 3D radar imaging technology and other advanced scanning technologies to provide discrete, modular, and scalable security solutions.
YTD Price Performance: -62.50%
Average Trading Volume: 771,755
Technical Sentiment Signal: Sell
Current Market Cap: C$20.52M
See more data about SCAN stock on TipRanks’ Stock Analysis page.