Applied Energetics Inc. (OTCMKTS:AERG – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.34 and traded as low as $1.21. Applied Energetics shares last traded at $1.24, with a volume of 26,058 shares traded.
Applied Energetics Stock Up 2.5%
The firm has a market capitalization of $277.79 million, a P/E ratio of -15.50 and a beta of 0.96. The business’s 50-day simple moving average is $1.34 and its 200 day simple moving average is $1.33.
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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