Applied Energetics Inc. (OTCMKTS:AERG – Get Free Report) was down 1.6% during trading on Wednesday . The stock traded as low as $1.21 and last traded at $1.23. 99,249 shares changed hands during trading, an increase of 78% from the average daily volume of 55,740 shares. The stock had previously closed at $1.25.
Applied Energetics Stock Down 5.7%
The stock has a market capitalization of $259.87 million, a price-to-earnings ratio of -14.50 and a beta of 0.96. The company’s 50-day moving average is $1.36 and its 200-day moving average is $1.37.
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.
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