Applied Energetics (OTCMKTS:AERG) Releases Quarterly Earnings Results

Applied Energetics (OTCMKTS:AERG) released its quarterly earnings data 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 Price Performance

Shares of OTCMKTS AERG traded down $0.02 during mid-day trading on Friday, hitting $0.72. 29,414 shares of the stock traded hands, compared to its average volume of 98,055. The firm has a 50 day simple moving average of $0.90 and a two-hundred day simple moving average of $0.85. Applied Energetics has a twelve month low of $0.43 and a twelve month high of $2.15. The company has a market cap of $157.35 million, a PE ratio of -24.03 and a beta of 0.23.

About Applied Energetics

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.