Applied Energetics Inc. (OTCMKTS:AERG – Get Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $0.85 and traded as high as $0.8799. Applied Energetics shares last traded at $0.8619, with a volume of 82,144 shares changing hands.
Applied Energetics Trading Up 7.7%
The company has a 50-day simple moving average of $0.85 and a 200 day simple moving average of $1.19. The firm has a market cap of $193.43 million, a PE ratio of -10.77 and a beta of 0.67.
Applied Energetics (OTCMKTS:AERG – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $0.06 million for the quarter.
Applied Energetics Company Profile
Applied Energetics, Inc is a technology company focused on the development of advanced directed-energy and laser systems for defense, homeland security and related applications. Its work centers on using high-power, ultrashort-pulse lasers and optical technologies to create systems capable of delivering energy over distance.
The company’s technology portfolio has included laser-guided energy systems, ultrashort-pulse laser platforms and terahertz-based technologies. These systems are designed for potential applications such as countering improvised explosive devices, protecting personnel and infrastructure, communications, sensing and other specialized military or security uses.
Applied Energetics is based in Tucson, Arizona, and has historically conducted research and development in collaboration with government and academic organizations.
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