Defence (LON:ALRT) Shares Up 16.9% – Should You Buy?

Defence Holdings (LON:ALRTGet Free Report) shot up 16.9% during mid-day trading on Tuesday . The stock traded as high as GBX 1.35 and last traded at GBX 1.29. 93,025,617 shares traded hands during mid-day trading, an increase of 329% from the average daily volume of 21,688,898 shares. The stock had previously closed at GBX 1.10.

Defence Trading Up 16.9%

The business has a fifty day moving average of GBX 1.21 and a 200-day moving average of GBX 1.35. The company has a market cap of £31.81 million and a PE ratio of -2.01.

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.

See Also

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.