Applied Energetics (OTCMKTS:AERG) Trading Up 3.3% – Still a Buy?

Applied Energetics Inc. (OTCMKTS:AERG) was up 3.3% during trading on Wednesday . The company traded as high as $1.48 and last traded at $1.4775. Approximately 33,303 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 74,278 shares. The stock had previously closed at $1.43.

Applied Energetics Trading Down 5.0%

The business’s fifty day moving average price is $1.29 and its 200 day moving average price is $1.49. The firm has a market capitalization of $297.84 million, a price-to-earnings ratio of -22.17 and a beta of 0.97.

Applied Energetics (OTCMKTS:AERG) last announced its earnings results on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The business had revenue of $0.07 million during the quarter. Applied Energetics had a negative net margin of 3,221.00% and a negative return on equity of 464.23%.

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.