Defence (LON:ALRT) Trading Down 8.2% – What’s Next?

Defence Holdings (LON:ALRTGet Free Report) shares fell 8.2% during mid-day trading on Thursday . The company traded as low as GBX 1.45 and last traded at GBX 1.56. Approximately 17,166,947 shares changed hands during trading, a decline of 17% from the average session volume of 20,570,404 shares. The stock had previously closed at GBX 1.70.

Defence Stock Down 5.1%

The stock has a 50 day moving average of GBX 1.21 and a 200 day moving average of GBX 1.36. The company has a market capitalization of £36.61 million and a price-to-earnings ratio of -2.31.

Defence Company Profile

(Get Free Report)

Headquartered in London, Defence Holdings PLC is a publicly listed company trading under the stock ticker (ALRT) dedicated to delivering high-performance defence and security solutions for the UK and European markets. Leveraging deep capital-markets expertise and a network of technology partners, the Company intends to develop and acquire advanced sensors, AI-driven analytics, secure communications and autonomous platforms that enhance the operational advantage of its customers across land, sea, air, space and cyber domains.

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