Aehr Test Systems (AEHR) saw an uptrend of 21.00% in the recent trading with $3.40 being its most recent. The current price level -5.56% lower than the highest price of $3.60 marked by the stock while trading over the past 52-weeks, whereas it is 195.65% higher than the lowest price of $1.15 the company dropped to over past 52-weeks. The latest news story on AEHR appeared in GlobeNewswire under the title “Aehr Test Systems Reports Return to Above Pre-pandemic Revenues in Fourth Quarter of Fiscal 2021 and Guides to 70% Revenue Growth Year over Year for Fiscal 2022 on Strength from Electric Vehicle Semiconductor Test Demand” on Jul-15-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -10.53% below one month high and is +45.92% above of the lowest during that time. Looking into the simple moving average, Aehr Test Systems (AEHR)’s stock stands at a SMA-50 of $2.50 while that of 5-day is reading $2.99.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AEHR’s SMA-200 as of now is $2.23.
Aehr Test Systems Earnings – What Happened With AEHR
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $5.27 billion.
AEHR – Aehr Test Systems Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 23.52 million. AEHR does have institutional investors; and they hold 20.60% of the stock.
Aehr Test Systems – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 26 new insider purchases involving 270,835 shares. On the other hand, AEHR declared 46,767 shares have been sold in 13 insider transactions over the past three months.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Aehr Test Systems was 4.57 while posting a debt to equity ratio of 0.30. The count was 18.69 for long-term debt to equity ratio.
Aehr Test Systems’s return on equity, or ROE, is -37.70%, compared to the industry average of 7.72% for Technology – Semiconductor Equipment & Materials. Although this indicates that AEHR fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Aehr Test Systems (NASDAQ:AEHR) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Aehr Test Systems (AEHR), we notice that the stock’s 20-day average volume is at 4,289,310 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 2,056,436 shares. And to end, AEHR’s 100-day average volume is 1,160,793 shares with 100% of the long-term indicators pointing towards Buy for the stock.