Defence (LON:ALRT) Shares Up 9.9% – Should You Buy?

Defence Holdings (LON:ALRT – Get Free Report) shot up 9.9% on Wednesday. The company traded as high as GBX 0.75 and last traded at GBX 0.74. Approximately 10,211,574 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 20,376,188 shares. The stock had previously closed at GBX 0.68.

Defence Trading Up 7.1%

The company has a market capitalization of £18.55 million and a PE ratio of -3.09. The firm has a fifty day moving average of GBX 0.89 and a two-hundred day moving average of GBX 1.09.

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

Defence Company Profile

(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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