Applied Energetics (OTCMKTS:AERG) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Applied Energetics, Inc. (OTCMKTS:AERGGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.93 and traded as low as $0.75. Applied Energetics shares last traded at $0.77, with a volume of 181,300 shares.

Applied Energetics Trading Down 1.1 %

The firm has a market capitalization of $168.04 million, a P/E ratio of -25.67 and a beta of 0.24. The company has a 50 day simple moving average of $0.93 and a two-hundred day simple moving average of $0.87.

Applied Energetics Company Profile

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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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