Applied Energetics (OTCMKTS:AERG) Stock Price Up 0.3% – Time to Buy?

Applied Energetics Inc. (OTCMKTS:AERG)’s share price rose 0.3% during trading on Tuesday . The stock traded as high as $1.79 and last traded at $1.73. Approximately 112,821 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 149,076 shares. The stock had previously closed at $1.7240.

Analyst Ratings Changes

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 Performance

The firm has a market capitalization of $379.89 million, a PE ratio of -43.25 and a beta of 0.87. The company has a fifty day simple moving average of $1.69 and a two-hundred day simple moving average of $1.70.

Applied Energetics (OTCMKTS:AERG) last issued its earnings results on Wednesday, August 13th. The company reported ($0.02) earnings per share 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.