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Applied Energetics (OTCMKTS:AERG) Shares Pass Below 50 Day Moving Average - Here's Why

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Applied Energetics, Inc. (OTCMKTS:AERG - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Applied Energetics Stock Performance

The firm has a 50-day moving average of $0.94 and a 200-day moving average of $0.86. The firm has a market capitalization of $168.04 million, a P/E ratio of -25.67 and a beta of 0.23.

About Applied Energetics

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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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