Ynvisible Partners with CCL Design to Boost Manufacturing and Market Reach

Ynvisible Interactive Inc ( (TSE:YNV) ) has shared an announcement.

Ynvisible Interactive Inc. has announced a strategic partnership with CCL Design, a division of CCL Industries, to enhance its manufacturing and commercial capabilities. This partnership will enable Ynvisible to scale the production of its printed e-paper displays and expand its market reach by integrating its technology into CCL Design’s product portfolio, thus accelerating the adoption of its ultra-low-power display technology across various sectors.

Spark’s Take on TSE:YNV Stock

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

Ynvisible Interactive Inc’s stock score is primarily impacted by its weak financial performance, characterized by persistent losses and negative cash flow. While technical analysis shows neutral momentum, the unattractive valuation due to a negative P/E ratio further weighs down the score. The company must improve profitability and cash generation to enhance its financial health and stock attractiveness.

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

More about Ynvisible Interactive Inc

Ynvisible Interactive Inc. is a company disrupting the low-cost and ultra-low-power display industry through sustainable electronics and roll-to-roll printing production. Their printed e-paper displays are suited for applications such as digital signage, smart monitoring labels, visual indicators for medical diagnostics, and retail signage. Ynvisible offers a mix of services, technology, and products for developing smart objects and IoT products.

YTD Price Performance: 20.0%

Average Trading Volume: 72,444

Technical Sentiment Signal: Sell

Current Market Cap: C$24.16M

See more insights into YNV stock on TipRanks’ Stock Analysis page.