Applied Energetics (OTCMKTS:AERG) Trading Up 2.1% – Still a Buy?

Shares of Applied Energetics, Inc. (OTCMKTS:AERGGet Free Report) rose 2.1% on Tuesday . The company traded as high as $0.90 and last traded at $0.87. Approximately 70,010 shares traded hands during trading, a decline of 60% from the average daily volume of 174,577 shares. The stock had previously closed at $0.85.

Applied Energetics Price Performance

The stock has a 50 day simple moving average of $0.77 and a 200-day simple moving average of $0.96. The firm has a market cap of $186.06 million, a PE ratio of -29.00 and a beta of 0.25.

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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