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An announcement from Liberty Defense Holdings ( (TSE:SCAN) ) is now available.
Liberty Defense Holdings announced that the TSA has exercised an option under a previous contract to further develop and certify the HD-AIT wideband upgrade kit, which enhances threat detection capabilities using advanced imaging technology. This development signifies TSA’s commitment to improving checkpoint security and supports Liberty’s efforts to advance next-generation passenger screening, potentially transforming security infrastructure and enhancing the travel experience.
The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 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 Underperform.
The overall stock score is heavily influenced by the company’s poor financial performance, including declining revenues and negative profitability margins. Technical analysis also indicates bearish trends, with the stock trading below key moving averages and weak market momentum. The valuation is unattractive due to a negative P/E ratio and no dividend yield.
To see Spark’s full report on TSE:SCAN stock, click here.
More about Liberty Defense Holdings
Liberty Defense Holdings is a leading provider of multi-technology security solutions focused on concealed weapons detection in high-traffic areas and locations requiring enhanced security such as airports, stadiums, and schools. The company offers products like HEXWAVE, licensed from MIT, and HD-AIT body and shoe scanner technologies, which provide advanced imaging and AI-based detection capabilities.
YTD Price Performance: -69.08%
Average Trading Volume: 841,316
Technical Sentiment Signal: Sell
Current Market Cap: C$18.19M
Find detailed analytics on SCAN stock on TipRanks’ Stock Analysis page.