Applied Energetics (OTCMKTS:AERG – Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.02) earnings per share for the quarter, Zacks reports.
Applied Energetics Price Performance
OTCMKTS:AERG traded down $0.05 on Friday, reaching $0.83. 52,855 shares of the company’s stock were exchanged, compared to its average volume of 111,495. The firm has a market cap of $185.83 million, a price-to-earnings ratio of -10.35 and a beta of 0.67. Applied Energetics has a 52 week low of $0.64 and a 52 week high of $2.12. The stock has a fifty day simple moving average of $0.83 and a 200-day simple moving average of $1.16.
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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