Defence (LON:ALRT) Stock Falls 3.1% – Here’s Why

Defence Holdings (LON:ALRT – Get Free Report) shares fell 3.1% during mid-day trading on Tuesday. The stock traded as low as GBX 0.80 and last traded at GBX 0.84. Approximately 11,096,415 shares were traded during trading, a decline of 46% from the average daily volume of 20,616,666 shares. The stock had previously closed at GBX 0.87.

Defence Trading Down 10.3%

The stock has a fifty day moving average price of GBX 0.94 and a 200 day moving average price of GBX 1.11. The firm has a market cap of £18.30 million and a price-to-earnings ratio of -3.05.

Defence (LON:ALRT – Get Free Report) last posted 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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