Defence (LON:ALRT) Reaches New 12-Month Low – Time to Sell?

Defence Holdings (LON:ALRT – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday. The company traded as low as GBX 0.70 and last traded at GBX 0.74, with a volume of 25410438 shares trading hands. The stock had previously closed at GBX 0.82.

Defence Price Performance

The company’s 50-day moving average price is GBX 0.93 and its two-hundred day moving average price is GBX 1.11. The company has a market capitalization of £17.56 million and a price-to-earnings ratio of -2.92.

Defence (LON:ALRT – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported GBX (24.30) earnings per share for the quarter.

Defence Company Profile

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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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