Applied Energetics Inc. (OTCMKTS:AERG - Get Free Report) rose 6.8% during mid-day trading on Monday . The company traded as high as $2.46 and last traded at $2.43. Approximately 101,020 shares traded hands during trading, a decline of 23% from the average daily volume of 130,921 shares. The stock had previously closed at $2.28.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Applied Energetics to a "hold" rating in a research note on Friday.
View Our Latest Stock Analysis on AERG
Applied Energetics Trading Down 3.0%
The stock's fifty day moving average price is $1.83 and its two-hundred day moving average price is $1.19. The stock has a market capitalization of $498.41 million, a P/E ratio of -76.00 and a beta of 0.89.
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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