Applied Energetics (OTCMKTS:AERG) Issues Earnings Results

Applied Energetics (OTCMKTS:AERG) announced its quarterly earnings data on Thursday. The company reported ($0.02) EPS for the quarter, Zacks reports. Applied Energetics had a negative return on equity of 456.54% and a negative net margin of 3,221.00%.

Applied Energetics Stock Performance

Shares of OTCMKTS AERG traded down $0.03 during mid-day trading on Thursday, reaching $1.25. 57,481 shares of the company traded hands, compared to its average volume of 100,251. The stock has a market cap of $280.05 million, a PE ratio of -15.62 and a beta of 0.97. The company’s fifty day moving average is $1.32 and its two-hundred day moving average is $1.30. Applied Energetics has a fifty-two week low of $0.96 and a fifty-two week high of $2.20.

About Applied Energetics

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.