Defence (LON:ALRT) Trading Up 10% – Time to Buy?

Defence Holdings (LON:ALRTGet Free Report)’s share price was up 10% during mid-day trading on Wednesday . The stock traded as high as GBX 1.10 and last traded at GBX 1.10. Approximately 30,581,867 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 19,341,783 shares. The stock had previously closed at GBX 1.

Defence Trading Up 2.7%

The stock has a market cap of £28.45 million and a P/E ratio of -1.80. The company’s fifty day simple moving average is GBX 1.18 and its 200-day simple moving average is GBX 1.50.

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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