Defence Holdings (LON:ALRT – Get Free Report) shares shot up 9.9% during trading on Wednesday. The stock traded as high as GBX 0.75 and last traded at GBX 0.74. 10,211,574 shares changed hands during trading, a decline of 50% from the average session volume of 20,376,188 shares. The stock had previously closed at GBX 0.68.
Defence Stock Performance
The business has a 50-day simple moving average of GBX 0.91 and a two-hundred day simple moving average of GBX 1.10. The company has a market capitalization of £18.35 million and a price-to-earnings ratio of -3.05.
Defence (LON:ALRT – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported GBX (24.30) earnings per share for the quarter.
Defence Company Profile
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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