Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Aehr Test Systems’s stock clocked out at $12.41, down -0.56% from its previous closing price of $12.48. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 0.62 million shares were traded. AEHR stock price reached its highest trading level at $12.92 during the session, while it also had its lowest trading level at $12.305.
Ratios:
To gain a deeper understanding of AEHR’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 368723424 and an Enterprise Value of 442672416. As of this moment, Aehr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.62, and their Forward P/E ratio for the next fiscal year is 30.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.27 while its Price-to-Book (P/B) ratio in mrq is 2.99. Its current Enterprise Value per Revenue stands at 7.54 whereas that against EBITDA is 63.348.
Stock Price History:
The Beta on a monthly basis for AEHR is 1.79, which has changed by -0.23347747 over the last 52 weeks, in comparison to a change of 0.23809385 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 $9.83. The 50-Day Moving Average of the stock is -6.90%, while the 200-Day Moving Average is calculated to be -6.68%.
Shares Statistics:
It appears that AEHR traded 1.34M shares on average per day over the past three months and 1905360 shares per day over the past ten days. A total of 29.71M shares are outstanding, with a floating share count of 27.75M. Insiders hold about 6.59% of the company’s shares, while institutions hold 70.86% stake in the company. Shares short for AEHR as of 1735603200 were 6484128 with a Short Ratio of 4.85, compared to 1732838400 on 6378980. Therefore, it implies a Short% of Shares Outstanding of 6484128 and a Short% of Float of 22.98.
