Defence (LON:ALRT) Trading Down 14.2% – Here’s Why

Shares of Defence Holdings (LON:ALRTGet Free Report) traded down 14.2% during mid-day trading on Thursday . The company traded as low as GBX 1.45 and last traded at GBX 1.45. 24,195,426 shares were traded during mid-day trading, a decline of 66% from the average session volume of 71,445,141 shares. The stock had previously closed at GBX 1.69.

Defence Stock Performance

The stock’s 50 day moving average is GBX 2.21. The company has a market capitalization of £36.51 million and a PE ratio of -2.40.

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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