Applied Energetics (OTCMKTS:AERG – Get Free Report) released its earnings results on Thursday. The company reported ($0.02) EPS for the quarter, Zacks reports. The company had revenue of $0.06 million during the quarter. Applied Energetics had a negative return on equity of 403.52% and a negative net margin of 3,221.00%.
Applied Energetics Stock Performance
OTCMKTS AERG opened at $1.25 on Friday. The stock has a 50-day moving average of $1.30 and a 200 day moving average of $1.29. Applied Energetics has a one year low of $0.96 and a one year high of $2.20. The company has a market capitalization of $280.05 million, a price-to-earnings ratio of -15.62 and a beta of 0.97.
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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