On Monday, Aehr Test Systems (NASDAQ: AEHR) opened higher 6.81% from the last session, before settling in for the closing price of $11.89. Price fluctuations for AEHR have ranged from $9.83 to $30.50 over the past 52 weeks.
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Annual sales at Technology sector company grew by 43.25% over the past five years. Company’s average yearly earnings per share was noted -64.71% at the time writing. With a float of $27.67 million, this company’s outstanding shares have now reached $29.58 million.
Let’s look at the performance matrix of the company that is accounted for 115 employees. 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
A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of Aehr Test Systems is 6.63%, while institutional ownership is 70.61%. 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
If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 0.23 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.19) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 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
Check out the current performance indicators for Aehr Test Systems (AEHR). In the past 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 6.41.
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)
Aehr Test Systems (NASDAQ: AEHR) saw its 5-day average volume 0.7 million, a negative change from its year-to-date volume of 1.34 million. As of the previous 9 days, the stock’s Stochastic %D was 63.48%. Additionally, its Average True Range was 0.79.
During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 19.07%, which indicates a significant decrease from 89.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.07% in the past 14 days, which was lower than the 87.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.13, while its 200-day Moving Average is $13.43. Nevertheless, the first resistance level for the watch stands at $13.09 in the near term. At $13.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.14. If the price goes on to break the first support level at $12.04, it is likely to go to the next support level at $11.39. Assuming the price breaks the second support level, the third support level stands at $10.99.
Aehr Test Systems (NASDAQ: AEHR) Key Stats
There are currently 29,631K shares outstanding in the company with a market cap of 376.31 million. Presently, the company’s annual sales total 66,220 K according to its annual income of 33,160 K. Last quarter, the company’s sales amounted to 13,120 K and its income totaled 660 K.
