Applied Energetics (OTCMKTS:AERG) Trading 2.7% Higher – Should You Buy?

Applied Energetics Inc. (OTCMKTS:AERG)’s stock price traded up 2.7% during trading on Wednesday . The stock traded as high as $1.93 and last traded at $1.89. 79,589 shares traded hands during trading, a decline of 27% from the average session volume of 109,669 shares. The stock had previously closed at $1.84.

Applied Energetics Trading Up 2.7%

The firm has a market cap of $422.64 million, a P/E ratio of -37.80 and a beta of 0.98. The stock’s fifty day moving average is $1.70 and its two-hundred day moving average is $1.84.

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

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.