Applied Energetics (OTCMKTS:AERG) Posts Quarterly Earnings Results

Applied Energetics (OTCMKTS:AERG) posted its quarterly earnings results on Friday. The company reported ($0.01) EPS 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 Stock Up 1.2 %

Shares of AERG stock opened at $0.73 on Friday. The company has a market capitalization of $159.32 million, a P/E ratio of -24.33 and a beta of 0.23. Applied Energetics has a 12-month low of $0.43 and a 12-month high of $2.15. The firm has a 50-day moving average price of $0.89 and a 200 day moving average price of $0.85.

Applied Energetics Company Profile

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.