Applied Energetics (OTCMKTS:AERG) Stock Passes Below 50-Day Moving Average – Here’s Why

Applied Energetics, Inc. (OTCMKTS:AERGGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.93 and traded as low as $0.75. Applied Energetics shares last traded at $0.77, with a volume of 181,300 shares trading hands.

Applied Energetics Stock Performance

The company’s fifty day simple moving average is $0.94 and its two-hundred day simple moving average is $0.87. The stock has a market capitalization of $168.04 million, a PE ratio of -25.67 and a beta of 0.24.

Applied Energetics Company Profile

(Get Free Report)

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.

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