Defence (LON:ALRT) Trading Up 11.7% – What’s Next?

Defence Holdings (LON:ALRT)’s share price shot up 11.7% during mid-day trading on Thursday . The stock traded as high as GBX 2.20 and last traded at GBX 2.10. 33,221,539 shares changed hands during trading, an increase of 7% from the average session volume of 30,922,900 shares. The stock had previously closed at GBX 1.88.

Defence Stock Down 2.9%

The company has a market capitalization of £49.51 million and a P/E ratio of -3.19. The company has a fifty day moving average price of GBX 1.78.

Defence (LON:ALRT) last posted its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.17) earnings per share (EPS) 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.