Defence (LON:ALRT) Sets New 12-Month Low – Time to Sell?

Defence Holdings (LON:ALRT – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as GBX 0.65 and last traded at GBX 0.70, with a volume of 22,037,357 shares trading hands. The stock had previously closed at GBX 0.68.

Defence Stock Up 3.7%

The firm has a market capitalization of £17.31 million and a P/E ratio of -2.88. The company’s 50 day moving average is GBX 0.87 and its 200-day moving average is GBX 1.08.

Defence (LON:ALRT – Get 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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