Defence (LON:ALRT) Stock Price Up 20.6% – Should You Buy?

Defence Holdings (LON:ALRTGet Free Report)’s share price rose 20.6% during trading on Tuesday . The stock traded as high as GBX 1.25 and last traded at GBX 1.23. Approximately 22,395,582 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 20,498,674 shares. The stock had previously closed at GBX 1.02.

Defence Stock Performance

The company has a fifty day moving average of GBX 1.33 and a two-hundred day moving average of GBX 1.83. The firm has a market capitalization of £30.92 million and a price-to-earnings ratio of -1.95.

Defence (LON:ALRTGet Free Report) last posted its quarterly earnings data on Monday, December 22nd. The company reported GBX (0.17) earnings per share for the quarter.

Defence Company Profile

(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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