Applied Energetics (OTCMKTS:AERG) Stock Price Down 0.5% – Time to Sell?

Shares of Applied Energetics Inc. (OTCMKTS:AERG) dropped 0.5% during mid-day trading on Wednesday . The company traded as low as $1.81 and last traded at $1.81. Approximately 78,370 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 87,096 shares. The stock had previously closed at $1.82.

Applied Energetics Stock Performance

The company has a 50-day simple moving average of $1.73 and a two-hundred day simple moving average of $1.81. The firm has a market capitalization of $404.77 million, a P/E ratio of -36.20 and a beta of 0.99.

Applied Energetics (OTCMKTS:AERG) last announced its earnings results on Wednesday, November 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. Applied Energetics had a negative return on equity of 919.47% and a negative net margin of 1,127.41%.

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.