Applied Energetics Inc. (OTCMKTS:AERG – Get Free Report)’s share price rose 2.6% during trading on Wednesday . The company traded as high as $1.2365 and last traded at $1.17. Approximately 35,905 shares were traded during trading, a decline of 71% from the average daily volume of 125,946 shares. The stock had previously closed at $1.14.
Applied Energetics Price Performance
The stock has a market cap of $261.81 million, a price-to-earnings ratio of -23.40 and a beta of 1.07. The firm has a 50 day simple moving average of $1.57 and a two-hundred day simple moving average of $1.65.
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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