Defence (LON:ALRT) Trading Up 11.5% – What’s Next?

Shares of Defence Holdings (LON:ALRT) were up 11.5% during trading on Thursday . The stock traded as high as GBX 1.70 and last traded at GBX 1.67. Approximately 12,757,862 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 24,836,303 shares. The stock had previously closed at GBX 1.50.

Defence Stock Performance

The firm has a market capitalization of £42.10 million and a PE ratio of -2.71. The company has a fifty day simple moving average of GBX 1.72.

Defence (LON:ALRT) last posted its quarterly earnings results on Monday, December 22nd. The company reported GBX (0.17) EPS for the quarter.

Defence Company Profile

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.