Aehr Test Systems (NASDAQ: AEHR) on Tuesday, plunged -3.51% from the previous trading day, before settling in for the closing price of $11.10. Within the past 52 weeks, AEHR’s price has moved between $9.83 and $54.10.
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A company in the Technology sector has jumped its sales by 53.58% annually for the last half of the decade. The company achieved an average annual earnings per share of -18.64%. With a float of $27.11 million, this company’s outstanding shares have now reached $28.54 million.
In an organization with 104 employees, it is important to assess its efficiency.
Aehr Test Systems (AEHR) Insider and Institutional Ownership
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Aehr Test Systems is 6.23%, while institutional ownership is 64.55%. The most recent insider transaction that took place on Jan 18 ’24, 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 ’24, 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -18.64% 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
Aehr Test Systems (AEHR) is currently performing well based on its current performance indicators. A quick ratio of 5.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.31. Likewise, its price to free cash flow for the trailing twelve months is 68.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Aehr Test Systems (AEHR)
Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was inferior than the volume of 1.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 40.01%. Additionally, its Average True Range was 0.72.
During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 9.53%, which indicates a significant decrease from 19.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.05% in the past 14 days, which was higher than the 75.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.66, while its 200-day Moving Average is $20.55. However, in the short run, Aehr Test Systems’s stock first resistance to watch stands at $11.16. Second resistance stands at $11.62. The third major resistance level sits at $11.92. If the price goes on to break the first support level at $10.40, it is likely to go to the next support level at $10.10. The third support level lies at $9.64 if the price breaches the second support level.
Aehr Test Systems (NASDAQ: AEHR) Key Stats
Market capitalization of the company is 309.63 million based on 28,915K outstanding shares. Right now, sales total 64,960 K and income totals 14,560 K. The company made 7,560 K in profit during its latest quarter, and -1,470 K in sales during its previous quarter.
