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

Shares of Defence Holdings (LON:ALRT – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as GBX 0.65 and last traded at GBX 0.70, with a volume of 22,037,357 shares traded. The stock had previously closed at GBX 0.68.

Defence Stock Performance

The business has a 50 day moving average price of GBX 0.87 and a 200-day moving average price of GBX 1.08. The company has a market capitalization of £17.31 million and a price-to-earnings ratio of -2.88.

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

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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