Applied Energetics (OTCMKTS:AERG) Shares Down 3.9%

Applied Energetics, Inc. (OTCMKTS:AERGGet Free Report)’s share price was down 3.9% on Thursday . The stock traded as low as $1.48 and last traded at $1.51. 231,411 shares changed hands during mid-day trading, an increase of 212% from the average session volume of 74,159 shares. The stock had previously closed at $1.57.

Applied Energetics Stock Performance

The stock has a 50-day moving average of $1.90 and a two-hundred day moving average of $1.94. The company has a market cap of $321.91 million, a P/E ratio of -50.27 and a beta of 0.25.

Applied Energetics (OTCMKTS:AERGGet Free Report) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $0.13 million for the quarter. Applied Energetics had a negative net margin of 352.04% and a negative return on equity of 429.18%.

About Applied Energetics

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Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.

Further Reading

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