Shares of Applied Energetics, Inc. (OTCMKTS:AERG - Get Free Report) traded down 2.6% during mid-day trading on Wednesday . The company traded as low as $0.78 and last traded at $0.80. 90,380 shares changed hands during trading, a decline of 23% from the average session volume of 117,818 shares. The stock had previously closed at $0.82.
Applied Energetics Trading Down 4.9 %
The stock has a 50-day simple moving average of $0.92 and a 200-day simple moving average of $0.88. The company has a market cap of $168.04 million, a price-to-earnings ratio of -25.67 and a beta of 0.29.
Applied Energetics Company Profile
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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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