Defence (LON:ALRT) Trading Down 7% – Should You Sell?

Shares of Defence Holdings (LON:ALRTGet Free Report) traded down 7% on Thursday . The company traded as low as GBX 0.80 and last traded at GBX 0.84. Approximately 6,639,428 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 21,142,176 shares. The stock had previously closed at GBX 0.90.

Defence Stock Performance

The company has a market cap of £20.70 million and a price-to-earnings ratio of -3.44. The firm’s 50 day simple moving average is GBX 1.06 and its 200-day simple moving average is GBX 1.16.

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

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.

Further Reading

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