Applied Energetics, Inc. (OTCMKTS:AERG – Get Free Report)’s share price fell 3.9% during mid-day trading on Thursday . The company traded as low as $1.48 and last traded at $1.51. 231,411 shares traded hands during 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 business’s 50 day simple moving average is $1.89 and its 200-day simple moving average is $1.93.
Applied Energetics (OTCMKTS:AERG – Get Free Report) last announced its earnings results on Monday, May 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.13 million for the quarter. Applied Energetics had a negative return on equity of 429.18% and a negative net margin of 352.04%.
Applied Energetics Company Profile
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.
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