Applied Energetics (OTCMKTS:AERG – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports.
Applied Energetics Trading Down 6.8%
Shares of Applied Energetics stock traded down $0.06 during trading on Friday, reaching $0.82. The stock had a trading volume of 56,055 shares, compared to its average volume of 111,509. The company has a market capitalization of $184.03 million, a price-to-earnings ratio of -10.25 and a beta of 0.67. The stock has a fifty day moving average price of $0.83 and a two-hundred day moving average price of $1.16. Applied Energetics has a 52 week low of $0.64 and a 52 week high of $2.12.
About Applied Energetics
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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