Defence (LON:ALRT) Trading Down 7% – Should You Sell?

Defence Holdings (LON:ALRTGet Free Report)’s share price dropped 7% during mid-day trading on Thursday . The stock traded as low as GBX 0.80 and last traded at GBX 0.84. Approximately 6,639,428 shares traded hands during trading, a decline of 69% from the average session volume of 21,142,176 shares. The stock had previously closed at GBX 0.90.

Defence Price Performance

The company has a market capitalization of £20.70 million and a PE ratio of -3.44. The business’s 50 day simple moving average is GBX 1.06 and its 200 day simple moving average is GBX 1.16.

Defence (LON:ALRTGet Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported GBX (24.30) earnings per share for the quarter.

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.

Further Reading

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