Applied Energetics (OTCMKTS:AERG) Shares Down 5.1% – What’s Next?

Shares of Applied Energetics Inc. (OTCMKTS:AERG) dropped 5.1% during mid-day trading on Wednesday . The company traded as low as $1.15 and last traded at $1.30. Approximately 261,807 shares were traded during mid-day trading, an increase of 147% from the average daily volume of 105,791 shares. The stock had previously closed at $1.37.

Applied Energetics Price Performance

The firm has a market capitalization of $290.84 million, a PE ratio of -26.00 and a beta of 1.07. The company has a 50-day moving average price of $1.75 and a 200 day moving average price of $1.75.

Applied Energetics (OTCMKTS:AERG) last issued its earnings results on Wednesday, November 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. Applied Energetics had a negative net margin of 1,127.41% and a negative return on equity of 919.47%.

About Applied Energetics

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.