Applied Energetics (OTCMKTS:AERG) Trading Up 5.2% – Here’s What Happened

Applied Energetics Inc. (OTCMKTS:AERG)’s share price was up 5.2% on Wednesday . The stock traded as high as $1.45 and last traded at $1.42. Approximately 146,525 shares were traded during trading, an increase of 25% from the average daily volume of 117,661 shares. The stock had previously closed at $1.35.

Applied Energetics Price Performance

The firm has a market cap of $302.24 million, a P/E ratio of -22.50 and a beta of 0.94. The stock’s 50 day moving average is $1.23 and its two-hundred day moving average is $1.53.

Applied Energetics (OTCMKTS:AERG) last announced its quarterly earnings results on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The business had revenue of $0.07 million for the quarter. Applied Energetics had a negative return on equity of 464.23% and a negative net margin of 3,221.00%.

Applied Energetics Company Profile

Applied Energetics, Inc is a technology company specializing in the research, development and manufacturing of directed energy systems for defense and security applications. Headquartered in Tucson, Arizona, the company focuses on high power microwave (HPM) and high energy laser (HEL) technologies designed to neutralize or disable targets at the speed of light. Applied Energetics’ platforms are engineered to address evolving threats such as unmanned aerial systems, electronic attack scenarios and counter‐personnel defense.

The company’s product portfolio includes pulsed power modules, microwave amplifiers and laser beam directors that can be integrated into ground, air or sea‐based systems.