On Tuesday, Aehr Test Systems (NASDAQ: AEHR) opened lower -6.09% from the last session, before settling in for the closing price of $7.22. Price fluctuations for AEHR have ranged from $6.27 to $21.44 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. Company’s average yearly earnings per share was noted -67.31% at the time writing. With a float of $27.82 million, this company’s outstanding shares have now reached $29.77 million.
The firm has a total of 115 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.47%, operating margin of -1.69%, and the pretax margin is 2.42%.
Aehr Test Systems (AEHR) Insider Activity
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 6.37%, while institutional ownership is 71.16%. 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) Earnings and Forecasts
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 -67.31% 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 3.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.75, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.40 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 better than the volume posted last year of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 28.88%. Additionally, its Average True Range was 0.74.
During the past 100 days, Aehr Test Systems’s (AEHR) raw stochastic average was set at 4.08%, which indicates a significant decrease from 16.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.64% in the past 14 days, which was lower than the 95.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.57, while its 200-day Moving Average is $12.75. Now, the first resistance to watch is $7.42. This is followed by the second major resistance level at $8.06. The third major resistance level sits at $8.48. If the price goes on to break the first support level at $6.36, it is likely to go to the next support level at $5.94. Should the price break the second support level, the third support level stands at $5.30.
Aehr Test Systems (NASDAQ: AEHR) Key Stats
There are currently 29,712K shares outstanding in the company with a market cap of 201.45 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 13,450 K and its income totaled -1,030 K.
