Defence (LON:ALRT) Trading Down 11.1% – Here’s What Happened

Shares of Defence Holdings (LON:ALRTGet Free Report) fell 11.1% during trading on Wednesday . The stock traded as low as GBX 1.70 and last traded at GBX 1.77. 39,921,863 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 80,547,273 shares. The stock had previously closed at GBX 1.99.

Defence Trading Down 8.0%

The company’s fifty day moving average price is GBX 2.23. The stock has a market cap of £36.76 million and a P/E ratio of -2.86.

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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