Applied Energetics (OTCMKTS:AERG) Shares Up 3.3% – Time to Buy?

Applied Energetics Inc. (OTCMKTS:AERGGet Free Report) shares shot up 3.3% during trading on Wednesday . The stock traded as high as $1.48 and last traded at $1.4775. 33,303 shares traded hands during trading, a decline of 55% from the average session volume of 74,278 shares. The stock had previously closed at $1.43.

Applied Energetics Stock Performance

The firm’s fifty day simple moving average is $1.28 and its 200 day simple moving average is $1.49. The firm has a market cap of $330.84 million, a P/E ratio of -24.63 and a beta of 0.97.

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

About Applied Energetics

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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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