Applied Energetics (OTCMKTS:AERG) Announces Earnings Results

Applied Energetics (OTCMKTS:AERG) released its earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. Applied Energetics had a negative net margin of 348.32% and a negative return on equity of 563.54%.

Applied Energetics Trading Down 2.6 %

Applied Energetics stock traded down $0.02 during midday trading on Friday, hitting $0.72. The stock had a trading volume of 29,414 shares, compared to its average volume of 98,055. Applied Energetics has a 52-week low of $0.43 and a 52-week high of $2.15. The company has a market capitalization of $157.35 million, a PE ratio of -24.03 and a beta of 0.23. The firm’s fifty day moving average is $0.90 and its two-hundred day moving average is $0.85.

Applied Energetics Company Profile

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.