On Friday, Aehr Test Systems (NASDAQ: AEHR) opened higher 6.98% from the last session, before settling in for the closing price of $13.32. Price fluctuations for AEHR have ranged from $9.83 to $30.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 43.25%. 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.
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 and Institutional Ownership
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 6.62%, while institutional ownership is 70.60%. 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) Latest Financial update
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 7.69.
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 2.89 million was superior to 1.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 56.56%. Additionally, its Average True Range was 1.14.
During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 44.73%, which indicates a significant decrease from 68.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 115.88% in the past 14 days, which was higher than the 89.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.14, while its 200-day Moving Average is $13.15. Now, the first resistance to watch is $14.91. This is followed by the second major resistance level at $15.57. The third major resistance level sits at $16.52. If the price goes on to break the first support level at $13.30, it is likely to go to the next support level at $12.36. The third support level lies at $11.70 if the price breaches the second support level.
Aehr Test Systems (NASDAQ: AEHR) Key Stats
There are currently 29,631K shares outstanding in the company with a market cap of 451.72 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.
