Liberty Defense Holdings Ltd's stock has seen significant fluctuations recently, especially following the completion of its U.S. IPO.
Liberty Defense Holdings Ltd (SCAN.V) experienced a notable price movement this week, closing up 7.55% on Friday despite a 5% decline over the past week. The stock has faced considerable challenges in 2023, down 62.93% year-to-date. Recent developments, particularly related to its U.S. initial public offering (IPO), have drawn attention from investors as they navigate the company's future prospects.
Advertisement
Liberty Defense Holdings Ltd
SCAN.V
SCAN.V
Liberty Defense Holdings Ltd
WealthAwesomeMarket cap
$18.07M
52W high
$22.27
52W low
$2.85
1W change
-5.00%
Beta
-0.31
Analyst Price Targets
Based on analyst covering SCAN
Wall Street analysts forecast SCAN stock price to fall 59.1% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.40
-59.1% Upside
Current Price
C$3.42
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SCAN's historical volatility
30-Day Vol
119.6%
Annualized
90-Day Vol
98.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$2.86
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.22 | C$2.13 – C$4.87 |
| 60 trading days | C$3.04 | C$1.69 – C$5.44 |
| 90 trading days | C$2.86 | C$1.40 – C$5.85 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: Investors should consider the implications of Liberty Defense's recent IPO and its ongoing strategic initiatives, while also being mindful of the stock's volatility and bearish outlook.
Liberty Defense's Market Cap Stands at Approximately C$18.07 Million
With a profit margin of 0% and a return on equity of -326.1%, the company faces substantial financial hurdles as it seeks to establish a foothold in the security technology sector.
Bull case
If Liberty Defense successfully launches its HEXWAVE™ system and forms strategic partnerships, it could improve its market presence and drive revenue growth.
Bear case
The stock's significant decline in value and the negative outlook from analysts suggest that the company may face challenges, especially in becoming profitable.
Price Action Overview
This week, Liberty Defense Holdings Ltd (SCAN.V) closed at C$3.42 on Friday, reflecting a daily increase of 7.55%. However, the stock has seen a decline of 5% over the past week and a staggering 34.10% drop in the last month. Year-to-date, shares have plummeted by 62.93%, indicating a challenging environment for investors.
Recent Developments
Advertisement
Liberty Defense recently completed its U.S. initial public offering, raising approximately $20 million by issuing over 3.67 million common shares at $4.50 each. This capital raise is expected to support the company's growth initiatives, particularly in the security technology sector. The pricing of the IPO has been a focal point for investors, as it reflects the company's current valuation and market strategy.
Technical Picture
From a technical standpoint, Liberty Defense's stock is trading significantly below its moving averages. The 50-day moving average stands at C$4.84, indicating a 29.4% decline from the current price, while the 200-day moving average is at C$6.97, representing a 50.9% drop. The stock's 52-week range is C$2.85 to C$22.27, with the current price being approximately 3% of that range. The stock's beta of -0.31 suggests it has been less volatile than the broader market.
Insider Activity
There is no reported insider activity for Liberty Defense Holdings Ltd at this time.
Final Thoughts
Liberty Defense Holdings Ltd's stock closed at C$3.42 on Friday, with a 1-day gain of 7.55%. While the recent IPO may provide a much-needed boost, the overall bearish outlook and significant year-to-date losses warrant caution for potential investors.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
