Defence (LON:ALRT) Shares Down 3.1% – Here’s Why

Shares of Defence Holdings (LON:ALRT – Get Free Report) dropped 3.1% during mid-day trading on Tuesday. The stock traded as low as GBX 0.80 and last traded at GBX 0.84. 11,096,415 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 20,616,666 shares. The stock had previously closed at GBX 0.87.

Defence Stock Down 3.1%

The firm has a market cap of £20.78 million and a P/E ratio of -3.46. The stock’s 50-day simple moving average is GBX 0.95 and its 200 day simple moving average is GBX 1.12.

Defence (LON:ALRT – Get Free Report) last announced 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.

Featured Articles

Receive News & Ratings for Defence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defence and related companies with MarketBeat.com's FREE daily email newsletter.