Applied Energetics, Inc. (OTCMKTS:AERG) Short Interest Down 5.2% in October

Applied Energetics, Inc. (OTCMKTS:AERG) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 703,100 shares, a decline of 5.2% from the September 30th total of 741,500 shares. Based on an average daily trading volume, of 97,000 shares, the short-interest ratio is currently 7.2 days.

Applied Energetics Price Performance

Shares of OTCMKTS:AERG opened at $0.93 on Thursday. Applied Energetics has a 12 month low of $0.43 and a 12 month high of $2.46. The firm has a market capitalization of $198.83 million, a P/E ratio of -30.00 and a beta of 0.29. The company’s fifty day moving average price is $0.87 and its 200 day moving average price is $1.37.

Applied Energetics (OTCMKTS:AERG) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.01) earnings per share for the quarter. Applied Energetics had a negative return on equity of 466.58% and a negative net margin of 330.64%. The business had revenue of $0.78 million for the quarter.

About Applied Energetics

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.