Applied Energetics (OTCMKTS:AERG – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports. The company had revenue of $0.11 million for the quarter.
Applied Energetics Price Performance
OTCMKTS:AERG traded down $0.02 during trading hours on Friday, hitting $0.86. The stock had a trading volume of 85,855 shares, compared to its average volume of 77,245. The company has a 50 day simple moving average of $0.83 and a two-hundred day simple moving average of $1.16. The firm has a market capitalization of $192.99 million, a price-to-earnings ratio of -10.75 and a beta of 0.67. Applied Energetics has a one year low of $0.64 and a one year high of $2.12.
Applied Energetics Company Profile
Applied Energetics, Inc. develops advanced laser and optical technologies, with a focus on applications in defense and directed-energy systems. Its work includes ultrashort-pulse laser technology and Laser Guided Energy, a technology designed to guide electrical energy along a laser-created path. The company was formerly known as Ionatron, Inc. and later adopted the Applied Energetics name. It is based in Tucson, Arizona, where it conducts its technology development and engineering work.
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