Applied Energetics (OTCMKTS:AERG) Shares Down 1.4% - Time to Sell?

Key Points

• Shares fell 1.4% to $1.37 (intraday low $1.32) on volume of 36,792 shares, a 58% decline from the average session volume of 88,321.
• Applied Energetics specializes in directed energy systems—high-power microwave (HPM) and high-energy laser (HEL) technologies—and supplies pulsed power modules, microwave amplifiers and laser beam directors for defense uses like counter‑UAS and electronic attack.
• Technicals and valuation show the 50-day moving average ($1.39) is below the 200-day ($1.60); the company has a market cap of $306.59 million and a negative P/E (-27.40), indicating it is currently unprofitable.

Applied Energetics Inc. (OTCMKTS:AERG - Get Free Report)'s stock price traded down 1.4% on Wednesday . The company traded as low as $1.32 and last traded at $1.37. 36,792 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 88,321 shares. The stock had previously closed at $1.39.

Applied Energetics Price Performance

The stock's 50-day moving average is $1.39 and its 200-day moving average is $1.60. The stock has a market cap of $306.59 million, a price-to-earnings ratio of -27.40 and a beta of 1.03.

Applied Energetics Company Profile

Applied Energetics, Inc is a technology company specializing in the research, development and manufacturing of directed energy systems for defense and security applications. Headquartered in Tucson, Arizona, the company focuses on high power microwave (HPM) and high energy laser (HEL) technologies designed to neutralize or disable targets at the speed of light. Applied Energetics' platforms are engineered to address evolving threats such as unmanned aerial systems, electronic attack scenarios and counter‐personnel defense.

The company's product portfolio includes pulsed power modules, microwave amplifiers and laser beam directors that can be integrated into ground, air or sea‐based systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.