Defence (LON:ALRT) Trading 20% Higher – Still a Buy?

Defence Holdings (LON:ALRTGet Free Report) shares rose 20% during mid-day trading on Wednesday . The stock traded as high as GBX 0.90 and last traded at GBX 0.90. 66,573,211 shares traded hands during trading, an increase of 205% from the average daily volume of 21,850,182 shares. The stock had previously closed at GBX 0.75.

Defence Stock Performance

The firm has a market cap of £21.17 million and a P/E ratio of -3.52. The firm has a fifty day moving average of GBX 1.18 and a 200-day moving average of GBX 1.19.

Defence (LON:ALRTGet 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

(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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