Defence (LON:ALRT) Stock Price Down 9.6% – What’s Next?

Defence Holdings (LON:ALRTGet Free Report)’s share price was down 9.6% during trading on Monday . The company traded as low as GBX 1.42 and last traded at GBX 1.49. Approximately 23,855,453 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 73,621,086 shares. The stock had previously closed at GBX 1.65.

Defence Stock Performance

The company has a 50-day moving average price of GBX 2.48. The firm has a market capitalization of £35.54 million and a price-to-earnings ratio of -2.33.

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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