Applied Energetics (OTCMKTS:AERG – Get Free Report) released its earnings results on Friday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. The company had revenue of $0.11 million during the quarter.
Applied Energetics Price Performance
AERG stock traded down $0.02 during midday trading on Friday, reaching $0.86. 85,855 shares of the company’s stock traded hands, compared to its average volume of 77,245. Applied Energetics has a fifty-two week low of $0.64 and a fifty-two week high of $2.12. The business has a 50-day moving average price of $0.83 and a two-hundred day moving average price of $1.16. The company has a market capitalization of $192.99 million, a P/E ratio of -10.75 and a beta of 0.67.
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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