Defence (LON:ALRT) Reaches New 12-Month Low – What’s Next?

Defence Holdings (LON:ALRT – Get Free Report) hit a new 52-week low during trading on Monday. The company traded as low as GBX 0.48 and last traded at GBX 0.50, with a volume of 17,240,652 shares. The stock had previously closed at GBX 0.55.

Defence Trading Down 9.1%

The stock has a market capitalization of £12.37 million and a P/E ratio of -2.06. The stock’s 50 day simple moving average is GBX 0.77 and its 200 day simple moving average is GBX 1.09.

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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