Aehr Test Systems (NASDAQ: AEHR) on Monday, soared 4.58% from the previous trading day, before settling in for the closing price of $12.00. Within the past 52 weeks, AEHR’s price has moved between $9.83 and $30.50.
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
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 43.25%. The company achieved an average annual earnings per share of -64.71%. With a float of $27.66 million, this company’s outstanding shares have now reached $29.00 million.
The extent of productivity of a business whose workforce counts for 115 workers is very important to gauge. 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) Insider Updates
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Aehr Test Systems is 6.64%, while institutional ownership is 65.62%. 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
As on 8/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.23 earnings per share (EPS) for the period topping the consensus outlook (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
Aehr Test Systems (AEHR) is currently performing well based on its current performance indicators. A quick ratio of 3.24 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 6.32.
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)
The latest stats from [Aehr Test Systems, AEHR] show that its last 5-days average volume of 1.08 million was inferior to 1.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.74%. Additionally, its Average True Range was 1.02.
During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 23.43%, which indicates a significant increase from 17.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.89% in the past 14 days, which was lower than the 95.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.48, while its 200-day Moving Average is $13.75. Now, the first resistance to watch is $12.81. This is followed by the second major resistance level at $13.06. The third major resistance level sits at $13.53. If the price goes on to break the first support level at $12.09, it is likely to go to the next support level at $11.62. Assuming the price breaks the second support level, the third support level stands at $11.37.
Aehr Test Systems (NASDAQ: AEHR) Key Stats
Market capitalization of the company is 371.25 million based on 29,631K outstanding shares. Right now, sales total 66,220 K and income totals 33,160 K. The company made 13,120 K in profit during its latest quarter, and 660 K in sales during its previous quarter.
