Aehr Test Systems (AEHR) posted a 8.16% change over the last five days signaling a new trend

On Friday, Aehr Test Systems (NASDAQ: AEHR) was 8.93% up from the session before settling in for the closing price of $15.57. A 52-week range for AEHR has been $9.83 – $32.75.

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

Technology Sector giant saw their annual sales surged by 43.25% over the last five years. When this article was written, the company’s average yearly earnings per share was at -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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Aehr Test Systems stocks. The insider ownership of Aehr Test Systems is 6.44%, while institutional ownership is 65.52%. 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

Going through the last 3-months fiscal report unveiled on the 8/31/2024, it has been observed that the corporation posted 0.23 earnings per share (EPS) during the time that was better than consensus figure (set at 0.19) by 0.04. 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

You can see what Aehr Test Systems (AEHR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.56.

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 1.22 million was lower than the volume posted last year of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 66.53%. Additionally, its Average True Range was 1.08.

During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 61.41%, which indicates a significant decrease from 91.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.99% in the past 14 days, which was higher than the 96.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.77, while its 200-day Moving Average is $13.96. Now, the first resistance to watch is $17.68. This is followed by the second major resistance level at $18.40. The third major resistance level sits at $19.39. If the price goes on to break the first support level at $15.97, it is likely to go to the next support level at $14.98. Now, if the price goes above the second support level, the third support stands at $14.26.

Aehr Test Systems (NASDAQ: AEHR) Key Stats

There are 28,915K outstanding shares of the company, which has a market capitalization of 502.52 million. As of now, sales total 66,220 K while income totals 33,160 K. Its latest quarter income was 13,120 K while its last quarter net income were 660 K.