Applied Energetics (OTCMKTS:AERG) Announces Earnings Results

Applied Energetics (OTCMKTS:AERG) released its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $0.06 million for the quarter. Applied Energetics had a negative return on equity of 456.54% and a negative net margin of 3,221.00%.

Applied Energetics Stock Performance

Shares of OTCMKTS AERG remained flat at $1.25 during trading on Friday. The stock had a trading volume of 4,056 shares, compared to its average volume of 99,677. The firm has a market capitalization of $280.05 million, a PE ratio of -15.62 and a beta of 0.97. Applied Energetics has a 1-year low of $0.96 and a 1-year high of $2.20. The stock has a 50 day simple moving average of $1.31 and a 200 day simple moving average of $1.29.

About Applied Energetics

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.