Applied Energetics (OTCMKTS:AERG) Posts Quarterly Earnings Results

Applied Energetics (OTCMKTS:AERG) released its quarterly earnings results on Friday. The company reported ($0.01) EPS for the quarter, Zacks reports. Applied Energetics had a negative return on equity of 563.54% and a negative net margin of 348.32%.

Applied Energetics Stock Performance

OTCMKTS AERG traded down $0.02 on Friday, hitting $0.72. 29,414 shares of the stock were exchanged, compared to its average volume of 98,055. Applied Energetics has a 52-week low of $0.43 and a 52-week high of $2.15. The firm has a market capitalization of $157.35 million, a P/E ratio of -24.03 and a beta of 0.23. The stock has a fifty day moving average price of $0.90 and a two-hundred day moving average price of $0.85.

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.