Defence (LON:ALRT) Shares Up 11.9% – Here’s Why

Defence Holdings (LON:ALRTGet Free Report) shares rose 11.9% during mid-day trading on Tuesday . The company traded as high as GBX 1.73 and last traded at GBX 1.73. Approximately 27,451,369 shares traded hands during mid-day trading, an increase of 33% from the average daily volume of 20,576,740 shares. The stock had previously closed at GBX 1.55.

Defence Price Performance

The company has a market capitalization of £42.89 million and a price-to-earnings ratio of -2.71. The business has a fifty day moving average price of GBX 1.18 and a 200 day moving average price of GBX 1.36.

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.

Further Reading

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