Defence (LON:ALRT) Trading Down 6.5% – Time to Sell?

Defence Holdings (LON:ALRTGet Free Report) dropped 6.5% during trading on Tuesday . The stock traded as low as GBX 1.05 and last traded at GBX 1.09. Approximately 2,800,696 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 18,427,965 shares. The stock had previously closed at GBX 1.17.

Defence Stock Down 6.5%

The company’s fifty day moving average is GBX 1.16 and its 200 day moving average is GBX 1.44. The stock has a market cap of £26.96 million and a PE ratio of -1.70.

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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