Applied Energetics (OTCMKTS:AERG) Trading 0.6% Higher – Still a Buy?

Applied Energetics Inc. (OTCMKTS:AERG) rose 0.6% during mid-day trading on Wednesday . The stock traded as high as $1.64 and last traded at $1.55. Approximately 68,530 shares traded hands during trading, a decline of 36% from the average daily volume of 106,838 shares. The stock had previously closed at $1.54.

Applied Energetics Stock Down 6.8%

The company has a 50-day moving average price of $1.30 and a 200-day moving average price of $1.45. The firm has a market capitalization of $344.47 million, a price-to-earnings ratio of -19.23 and a beta of 0.95.

Applied Energetics (OTCMKTS:AERG) last issued its quarterly earnings data on Monday, March 30th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $0.07 million for the quarter. Applied Energetics had a negative return on equity of 456.54% and a negative net margin of 3,221.00%.

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.