Defence (LON:ALRT) Trading 9.4% Higher – Should You Buy?

Defence Holdings (LON:ALRTGet Free Report)’s share price traded up 9.4% on Tuesday . The company traded as high as GBX 0.95 and last traded at GBX 0.93. 38,566,332 shares traded hands during mid-day trading, an increase of 82% from the average daily volume of 21,136,184 shares. The stock had previously closed at GBX 0.85.

Defence Price Performance

The firm has a market cap of £24.09 million and a price-to-earnings ratio of -4.01. The business has a fifty day simple moving average of GBX 1.03 and a 200 day simple moving average of GBX 1.15.

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

Further Reading

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