Defence (LON:ALRT) Trading Down 8.6% – Here’s Why

Defence Holdings (LON:ALRTGet Free Report)’s stock price was down 8.6% during mid-day trading on Thursday . The company traded as low as GBX 3.55 ($0.05) and last traded at GBX 3.75 ($0.05). Approximately 171,588,172 shares were traded during mid-day trading, an increase of 106% from the average daily volume of 83,368,813 shares. The stock had previously closed at GBX 4.10 ($0.06).

Defence Stock Down 9.8%

The company has a 50-day moving average of GBX 1.16. The stock has a market cap of £29.78 million and a PE ratio of -578.13.

Defence (LON:ALRTGet Free Report) last released its earnings results on Monday, July 21st. The company reported GBX (11.32) earnings per share (EPS) 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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