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

Applied Energetics, Inc. (OTCMKTS:AERGGet Free Report) shares 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 traded.

Applied Energetics Price Performance

The company has a market capitalization of $168.04 million, a P/E ratio of -25.67 and a beta of 0.24. The business has a 50-day moving average of $0.93 and a 200-day moving average of $0.87.

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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