Wall Street Zen Downgrades Applied Energetics (OTCMKTS:AERG) to Sell

Applied Energetics (OTCMKTS:AERGGet Free Report) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Applied Energetics Trading Down 1.6%

Applied Energetics stock opened at $1.83 on Friday. The stock has a market cap of $400.86 million, a price-to-earnings ratio of -45.75 and a beta of 0.85. The company’s 50-day moving average price is $2.12 and its two-hundred day moving average price is $1.38. Applied Energetics has a 52 week low of $0.43 and a 52 week high of $2.99.

Applied Energetics (OTCMKTS:AERGGet Free Report) last announced its quarterly earnings data 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%.

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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