Aehr Test Systems (AEHR) volume exceeds 1.45: A new investment opportunity for investors

Aehr Test Systems (NASDAQ: AEHR) kicked off on Friday, up 17.21% from the previous trading day, before settling in for the closing price of $25.00. Over the past 52 weeks, AEHR has traded in a range of $14.54-$54.10.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 37.12%. While this was happening, its average annual earnings per share was recorded 29.66%. With a float of $26.72 million, this company’s outstanding shares have now reached $28.54 million.

Aehr Test Systems (AEHR) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Aehr Test Systems is 6.19%, while institutional ownership is 65.82%. The most recent insider transaction that took place on Jan 18, was worth 84,726. In this transaction President and CEO of this company sold 4,871 shares at a rate of $17.39, taking the stock ownership to the 427,935 shares. Before that another transaction happened on Jan 18, when Company’s Exec VP of Sales & Mktg. sold 1,309 for $17.39, making the entire transaction worth $22,769. This insider now owns 40,277 shares in total.

Aehr Test Systems (AEHR) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 11/29/2023, the organization reported $0.23 earnings per share (EPS), higher than consensus estimate (set at $0.19) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 29.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 90.24% growth over the previous five years of trading.

Aehr Test Systems (NASDAQ: AEHR) Trading Performance Indicators

Take a look at Aehr Test Systems’s (AEHR) current performance indicators. Last quarter, stock had a quick ratio of 7.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.09. Likewise, its price to free cash flow for the trailing twelve months is 77.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.37 in one year’s time.

Technical Analysis of Aehr Test Systems (AEHR)

Compared to the last year’s volume of 2.14 million, its volume of 1.4 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.41%. Additionally, its Average True Range was 1.15.

During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 7.56%, which indicates a significant decrease from 81.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.23% in the past 14 days, which was lower than the 78.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.61, while its 200-day Moving Average is $34.17. Nevertheless, the first resistance level for the watch stands at $17.54 in the near term. At $17.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.25. If the price goes on to break the first support level at $16.83, it is likely to go to the next support level at $16.45. Now, if the price goes above the second support level, the third support stands at $16.12.

Aehr Test Systems (NASDAQ: AEHR) Key Stats

The company with the Market Capitalisation of 496.51 million has total of 28,849K Shares Outstanding. Its annual sales at the moment are 64,960 K in contrast with the sum of 14,560 K annual income. Company’s last quarter sales were recorded 21,430 K and last quarter income was 6,090 K.