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Applied Energetics (OTCMKTS:AERG) Hits New 1-Year High - Time to Buy?

Applied Energetics logo with Computer and Technology background

Applied Energetics, Inc. (OTCMKTS:AERG - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $2.50 and last traded at $2.48, with a volume of 407321 shares changing hands. The stock had previously closed at $2.19.

Applied Energetics Price Performance

The stock has a market cap of $465.22 million, a P/E ratio of -71.00 and a beta of 0.31. The stock's 50 day simple moving average is $1.04 and its two-hundred day simple moving average is $0.91.

Applied Energetics (OTCMKTS:AERG - Get Free Report) last issued its quarterly earnings data on Friday, March 28th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $0.76 million for the quarter. Applied Energetics had a negative net margin of 348.32% and a negative return on equity of 563.54%.

About Applied Energetics

(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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