Defence (LON:ALRT) Stock Price Up 19% – Here’s What Happened

Defence Holdings (LON:ALRTGet Free Report) rose 19% during trading on Friday . The company traded as high as GBX 1.35 and last traded at GBX 1.25. Approximately 116,952,555 shares changed hands during trading, an increase of 498% from the average daily volume of 19,548,248 shares. The stock had previously closed at GBX 1.05.

Defence Trading Up 19.0%

The stock has a market capitalization of £30.92 million and a P/E ratio of -1.95. The company’s fifty day simple moving average is GBX 1.16 and its 200 day simple moving average is GBX 1.39.

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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