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After finishing at $7.88 in the prior trading day, Aehr Test Systems (NASDAQ: AEHR) closed at $7.29, down -7.49%. In other words, the price has decreased by -$7.49 from its previous closing price. On the day, 1.37 million shares were traded. AEHR stock price reached its highest trading level at $7.67 during the session, while it also had its lowest trading level at $7.08.
Ratios:
Our goal is to gain a better understanding of AEHR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.82 and its Current Ratio is at 7.55. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on July 17, 2024, Upgraded its rating to Buy and sets its target price to $25 from $12 previously.
On March 26, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 02 ’24 when SLAYEN HOWARD T bought 20,000 shares for $15.50 per share. The transaction valued at 310,000 led to the insider holds 220,714 shares of the business.
DANESH FARIBA bought 10,000 shares of AEHR for $185,800 on Jul 30 ’24. On Jul 30 ’24, another insider, DANESH FARIBA, who serves as the Director of the company, sold 10,000 shares for $18.59 each. As a result, the insider received 185,900 and left with 16,390 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AEHR now has a Market Capitalization of 234129280 and an Enterprise Value of 190814048. As of this moment, Aehr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.76, and their Forward P/E ratio for the next fiscal year is 18.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.27 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 3.761 whereas that against EBITDA is 267.247.
Stock Price History:
The Beta on a monthly basis for AEHR is 1.98, which has changed by -0.38687974 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, AEHR has reached a high of $21.44, while it has fallen to a 52-week low of $7.82. The 50-Day Moving Average of the stock is -28.46%, while the 200-Day Moving Average is calculated to be -43.54%.
Shares Statistics:
The stock has traded on average 1.10M shares per day over the past 3-months and 669510 shares per day over the last 10 days, according to various share statistics. A total of 29.71M shares are outstanding, with a floating share count of 27.83M. Insiders hold about 6.32% of the company’s shares, while institutions hold 71.11% stake in the company. Shares short for AEHR as of 1741910400 were 6935559 with a Short Ratio of 6.31, compared to 1739491200 on 7231899. Therefore, it implies a Short% of Shares Outstanding of 6935559 and a Short% of Float of 24.58.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
