Defence (LON:ALRT) Shares Down 23.8% – Here’s What Happened

Defence Holdings (LON:ALRTGet Free Report)’s stock price was down 23.8% during mid-day trading on Monday . The stock traded as low as GBX 0.75 and last traded at GBX 0.80. 128,338,180 shares were traded during mid-day trading, an increase of 497% from the average session volume of 21,481,744 shares. The stock had previously closed at GBX 1.05.

Defence Trading Down 23.8%

The company has a 50 day moving average price of GBX 1.22 and a 200 day moving average price of GBX 1.21. The company has a market capitalization of £19.79 million and a P/E ratio of -3.29.

Defence (LON:ALRTGet Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported GBX (24.30) earnings per share for the quarter.

About Defence

(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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