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IXICO plc ( (GB:IXI) ) has shared an update.
IXICO plc announced a new commercial contract and a contract extension worth a combined £1.2 million, strengthening its position in the blood-based biomarker field and Alzheimer’s Disease clinical trials. This development is part of IXICO’s ‘Innovate, Lead, Scale’ strategy, reflecting the company’s growing demand and expertise in the field, and enhancing its long-term order book with major biopharma clients.
The most recent analyst rating on (GB:IXI) stock is a Hold with a £14.50 price target. To see the full list of analyst forecasts on IXICO plc stock, see the GB:IXI Stock Forecast page.
Spark’s Take on GB:IXI Stock
According to Spark, TipRanks’ AI Analyst, GB:IXI is a Neutral.
The overall stock score reflects significant financial challenges, including declining revenue and negative profit margins. Despite strong technical momentum, the stock’s valuation is unattractive due to negative earnings and lack of dividends. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:IXI stock, click here.
More about IXICO plc
IXICO plc is a global leader in neuroscience imaging and biomarker analytics, utilizing its AI-driven platform to advance drug development in neurological disorders. The company serves as an end-to-end Imaging Contract Research Organisation (iCRO), collaborating with leading pharmaceutical companies, biotech firms, and research organizations to support neurological clinical trials and analyze imaging biomarkers for diseases such as Alzheimer’s, Huntington’s, and Parkinson’s.
Average Trading Volume: 86,127
Technical Sentiment Signal: Hold
Current Market Cap: £11.12M
See more data about IXI stock on TipRanks’ Stock Analysis page.