Aehr Test Systems (NASDAQ: AEHR) kicked off on Monday, down -3.71% from the previous trading daybefore settling in for the closing price of $12.94. Over the past 52 weeks, AEHR has traded in a range of $9.83-$51.08.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 43.25% over the past five years. While this was happening, its average annual earnings per share was recorded -64.12%. With a float of $27.88 million, this company’s outstanding shares have now reached $29.00 million.
Let’s look at the performance matrix of the company that is accounted for 115 employees. In terms of profitability, gross margin is 49.15%, operating margin of 15.22%, and the pretax margin is 18.81%.
Aehr Test Systems (AEHR) Insider Updates
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 5.76%, while institutional ownership is 65.35%. The most recent insider transaction that took place on Aug 02 ’24, was worth 310,000. In this transaction Director of this company bought 20,000 shares at a rate of $15.50, taking the stock ownership to the 220,714 shares. Before that another transaction happened on Jul 30 ’24, when Company’s Officer proposed sale 10,000 for $18.58, making the entire transaction worth $185,800.
Aehr Test Systems (AEHR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -64.12% per share during the next fiscal year.
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 5.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.57. Likewise, its price to free cash flow for the trailing twelve months is 364.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of Aehr Test Systems (AEHR)
Aehr Test Systems (NASDAQ: AEHR) saw its 5-day average volume 0.78 million, a negative change from its year-to-date volume of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 14.24%. Additionally, its Average True Range was 0.94.
During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 22.65%, which indicates a significant increase from 9.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.95% in the past 14 days, which was lower than the 88.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.11, while its 200-day Moving Average is $15.66. Nevertheless, the first resistance level for the watch stands at $12.84 in the near term. At $13.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.58. If the price goes on to break the first support level at $12.10, it is likely to go to the next support level at $11.74. Assuming the price breaks the second support level, the third support level stands at $11.36.
Aehr Test Systems (NASDAQ: AEHR) Key Stats
The company with the Market Capitalisation of 368.57 million has total of 28,915K Shares Outstanding. Its annual sales at the moment are 66,220 K in contrast with the sum of 33,160 K annual income. Company’s last quarter sales were recorded 16,600 K and last quarter income was 23,860 K.
