Applied Energetics (OTCMKTS:AERG) Stock Rating Lowered by Wall Street Zen

Key Points

• Applied Energetics' stock rating was dropped from "hold" to "sell" by analysts at Wall Street Zen, indicating a more negative outlook on the company's performance.
• The company reported a negative EPS of ($0.02) for the last quarter, alongside a significant negative return on equity of 571.08% and a net margin of 636.33%.
• As of Friday, shares of Applied Energetics opened at $1.83, with a 12-month range between $0.43 and $2.99, reflecting a volatile stock performance over the year.

Applied Energetics (OTCMKTS:AERG - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday.

Applied Energetics Price Performance

Shares of OTCMKTS:AERG opened at $1.83 on Friday. Applied Energetics has a 12 month low of $0.43 and a 12 month high of $2.99. The stock has a market cap of $400.84 million, a price-to-earnings ratio of -45.75 and a beta of 0.85. The stock's 50 day moving average price is $2.12 and its 200 day moving average price is $1.38.

Applied Energetics (OTCMKTS:AERG - Get Free Report) last announced its earnings results on Wednesday, August 13th. The company reported ($0.02) 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.

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