Defence (LON:ALRT) Trading Up 12.6% - What's Next?

Key Points

• Defence Holdings' share price surged by 12.6% during trading, reaching a high of GBX 2.70 before closing at GBX 2.59.
• The company had significantly increased trading volume with approximately 168 million shares changing hands, representing a 96% increase from its average daily volume.
• Defence Holdings has a market capitalization of £52.01 million and reported a quarterly earnings per share of GBX (11.32).

Defence Holdings (LON:ALRT - Get Free Report)'s share price rose 12.6% during trading on Monday . The stock traded as high as GBX 2.70 ($0.04) and last traded at GBX 2.59 ($0.03). Approximately 168,218,828 shares traded hands during trading, an increase of 96% from the average daily volume of 86,032,172 shares. The stock had previously closed at GBX 2.30 ($0.03).

Defence Price Performance

The firm's 50-day moving average is GBX 1.80. The firm has a market cap of £52.01 million and a price-to-earnings ratio of -4.05.

Defence (LON:ALRT - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The company reported GBX (11.32) earnings per share for the quarter.

Defence Company Profile

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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