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An announcement from Thruvision Group plc ( (GB:THRU) ) is now available.
Thruvision Group has secured multiple new contracts worth about £0.5 million to deploy its 8108 SpotCHECK walk-through people-screening technology across UK custodial facilities by 31 March 2026. Each installation includes a five-year support and maintenance package, bolstering recurring revenue and deepening long-term relationships with public-sector customers.
The contactless systems are intended to improve contraband detection, reduce physical contact during searches and enhance safety for staff and detainees in tightly regulated custodial environments. Awards made independently by individual institutions highlight growing demand and reinforce Thruvision’s positioning as a trusted provider in justice, detention and broader public safety markets.
The most recent analyst rating on (GB:THRU) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Thruvision Group plc stock, see the GB:THRU Stock Forecast page.
Spark’s Take on GB:THRU Stock
According to Spark, TipRanks’ AI Analyst, GB:THRU is a Neutral.
The overall stock score is primarily impacted by the company’s poor financial performance, characterized by declining revenues and persistent losses. Technical analysis provides some neutral signals, but the negative valuation metrics further weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on GB:THRU stock, click here.
More about Thruvision Group plc
Thruvision Group plc is an international developer, manufacturer and supplier of walk-through security screening technology used by government and commercial clients in more than 30 countries. Its patented, AI-based systems detect concealed metallic and non-metallic objects in real time, enabling fast, safe and efficient screening, with operations and manufacturing based in the UK and US.
Average Trading Volume: 3,721,977
Technical Sentiment Signal: Sell
Current Market Cap: £4.02M
For detailed information about THRU stock, go to TipRanks’ Stock Analysis page.