Applied Energetics (OTCMKTS:AERG) Trading Up 1.8% – What’s Next?

Applied Energetics, Inc. (OTCMKTS:AERG)’s share price rose 1.8% during mid-day trading on Wednesday . The company traded as high as $1.04 and last traded at $1.02. Approximately 12,871 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 157,955 shares. The stock had previously closed at $1.00.

Applied Energetics Stock Up 1.8 %

The firm has a market cap of $217.71 million, a P/E ratio of -33.93 and a beta of 0.29. The firm’s 50-day moving average price is $0.85 and its 200 day moving average price is $0.92.

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.