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Thruvision Group plc ( (GB:THRU) ) just unveiled an announcement.
Thruvision Group plc announced that its LPCDD7116 security system has been tested by the UK Government’s National Protective Security Authority (NPSA) using the Discriminative Threat Detection Systems Test Method. While the test is not pass/fail, it demonstrates the system’s capability to screen individuals for mass casualty threats. The NPSA’s confidence in the testing method reflects positively on Thruvision’s technology, enhancing its credibility in the security industry and providing valuable insights for security professionals and buyers.
Spark’s Take on GB:THRU Stock
According to Spark, TipRanks’ AI Analyst, GB:THRU is a Neutral.
Thruvision Group plc faces significant financial challenges with declining revenue and profitability issues. The technical analysis underscores a bearish trend, while the valuation is unattractive with a negative P/E ratio. Although corporate events reveal some positive developments, such as new product launches, the overall outlook remains cautious due to financial instability and strategic uncertainties.
To see Spark’s full report on GB:THRU stock, click here.
More about Thruvision Group plc
Thruvision Group plc is a leading developer, manufacturer, and supplier of walk-through security technology. Its technology is used in over 30 countries by government and commercial organizations for screening large numbers of people quickly and safely. Thruvision’s patented technology can detect concealed objects in real-time using an advanced AI-based detection algorithm, with offices and manufacturing capabilities in the UK and US.
Average Trading Volume: 3,868,605
Technical Sentiment Signal: Sell
Current Market Cap: £6.26M
See more insights into THRU stock on TipRanks’ Stock Analysis page.