Applied Energetics (OTCMKTS:AERG) Stock Price Down 9.8% - Should You Sell?

Key Points

• Applied Energetics Inc. shares fell by 9.8%
• Wall Street Zen downgraded the company's stock from a "hold" to a "sell" rating.
• The firm reported a loss of ($0.02) EPS for the quarter, with a negative return on equity of 571.08%.

Applied Energetics Inc. (OTCMKTS:AERG - Get Free Report) shares were down 9.8% on Monday . The stock traded as low as $1.40 and last traded at $1.48. Approximately 177,325 shares changed hands during mid-day trading, an increase of 68% from the average daily volume of 105,746 shares. The stock had previously closed at $1.64.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Applied Energetics from a "hold" rating to a "sell" rating in a research report on Saturday, August 16th.

Applied Energetics Stock Up 1.0%

The firm has a 50 day moving average price of $2.02 and a 200-day moving average price of $1.42. The stock has a market capitalization of $347.27 million, a PE ratio of -39.63 and a beta of 0.85.

Applied Energetics (OTCMKTS:AERG - Get Free Report) last issued its earnings results on Wednesday, August 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. Applied Energetics had a negative return on equity of 571.08% and a negative net margin of 636.33%.

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.