Aehr Test Systems (AEHR) volume exceeds 1.32 million: A new investment opportunity for investors

A new trading day began on Tuesday, with Aehr Test Systems (NASDAQ: AEHR) stock price up 2.35% from the previous day of trading, before settling in for the closing price of $15.73. AEHR’s price has ranged from $9.83 to $33.20 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 43.25% over the last five years. Meanwhile, its annual earnings per share averaged -64.71%. With a float of $27.72 million, this company’s outstanding shares have now reached $29.00 million.

The firm has a total of 115 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.48%, operating margin of 10.43%, and the pretax margin is 14.62%.

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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Aehr Test Systems is 6.44%, while institutional ownership is 65.45%. 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) Recent Fiscal highlights

In its latest quarterly report, released on 8/31/2024, the company reported earnings of 0.23 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -64.71% per share during the next fiscal year.

Aehr Test Systems (NASDAQ: AEHR) Trading Performance Indicators

Here are Aehr Test Systems’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.47 in one year’s time.

Technical Analysis of Aehr Test Systems (AEHR)

Analysing the last 5-days average volume posted by the [Aehr Test Systems, AEHR], we can find that recorded value of 1.46 million was better than the volume posted last year of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 79.17%. Additionally, its Average True Range was 1.03.

During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 54.01%, which indicates a significant decrease from 86.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.25% in the past 14 days, which was lower than the 95.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.66, while its 200-day Moving Average is $14.03. Now, the first resistance to watch is $16.52. This is followed by the second major resistance level at $16.95. The third major resistance level sits at $17.58. If the price goes on to break the first support level at $15.46, it is likely to go to the next support level at $14.83. Now, if the price goes above the second support level, the third support stands at $14.40.

Aehr Test Systems (NASDAQ: AEHR) Key Stats

With a market capitalization of 477.04 million, the company has a total of 28,915K Shares Outstanding. Currently, annual sales are 66,220 K while annual income is 33,160 K. The company’s previous quarter sales were 13,120 K while its latest quarter income was 660 K.