Defence (LON:ALRT) Stock Jumps 22.2% – Here’s What Happened

Defence Holdings (LON:ALRT – Get Free Report) traded up 22.2% on Friday. The company traded as high as GBX 0.55 and last traded at GBX 0.55. 30,092,076 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 19,655,654 shares. The stock had previously closed at GBX 0.45.

Defence Price Performance

The stock has a 50-day moving average price of GBX 0.74 and a 200-day moving average price of GBX 1.07. The company has a market capitalization of £13.60 million and a P/E ratio of -2.26.

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.

Further Reading

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