Defence (LON:ALRT) Hits New 1-Year Low – Here’s What Happened

Shares of Defence Holdings (LON:ALRT – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 0.48 and last traded at GBX 0.50, with a volume of 17,240,652 shares changing hands. The stock had previously closed at GBX 0.55.

Defence Trading Down 9.1%

The firm has a market cap of £12.37 million and a PE ratio of -2.06. The company has a 50 day moving average price of GBX 0.77 and a 200 day moving average price of GBX 1.09.

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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