Defence (LON:ALRT) Trading 10.5% Higher – Should You Buy?

Defence Holdings (LON:ALRTGet Free Report) shot up 10.5% on Monday . The stock traded as high as GBX 1.40 and last traded at GBX 1.22. 35,992,094 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 69,963,594 shares. The stock had previously closed at GBX 1.10.

Defence Trading Up 11.4%

The stock’s fifty day simple moving average is GBX 1.94. The firm has a market cap of £29.18 million and a P/E ratio of -1.91.

Defence (LON:ALRTGet Free Report) last released its earnings results on Monday, December 22nd. The company reported GBX (0.17) earnings per share for the quarter.

Defence Company Profile

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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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