The stock of Aehr Test Systems (NASDAQ: AEHR) has decreased by -0.96 when compared to last closing price of 18.66. Despite this, the company has experienced a 8.45% gain in its stock price over the last five trading sessions. 247wallst.com reported 2024-07-25 that Key Points Investors have been turning to small-cap stocks over the past few weeks, with the Russell 2000 Index up 11% so far in July.
Is It Worth Investing in Aehr Test Systems (NASDAQ: AEHR) Right Now?
The price-to-earnings ratio for Aehr Test Systems (NASDAQ: AEHR) is above average at 16.48x. The 36-month beta value for AEHR is also noteworthy at 2.02. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for AEHR is 26.92M, and at present, short sellers hold a 22.82% of that float. The average trading volume of AEHR on July 31, 2024 was 1.41M shares.
AEHR’s Market Performance
AEHR stock saw an increase of 8.45% in the past week, with a monthly gain of 66.49% and a quarterly increase of 54.26%. The volatility ratio for the week is 7.12%, and the volatility levels for the last 30 days are 8.62% for Aehr Test Systems (AEHR). The simple moving average for the past 20 days is 14.55% for AEHR’s stock, with a 3.05% simple moving average for the past 200 days.
Analysts’ Opinion of AEHR
Many brokerage firms have already submitted their reports for AEHR stocks, with Craig Hallum repeating the rating for AEHR by listing it as a “Buy.” The predicted price for AEHR in the upcoming period, according to Craig Hallum is $25 based on the research report published on July 17, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see AEHR reach a price target of $12. The rating they have provided for AEHR stocks is “Hold” according to the report published on March 26th, 2024.
AEHR Trading at 36.34% from the 50-Day Moving Average
After a stumble in the market that brought AEHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.84% of loss for the given period.
Volatility was left at 8.62%, however, over the last 30 days, the volatility rate increased by 7.12%, as shares surge +75.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +65.52% upper at present.
During the last 5 trading sessions, AEHR rose by +10.45%, which changed the moving average for the period of 200-days by -53.02% in comparison to the 20-day moving average, which settled at $16.54. In addition, Aehr Test Systems saw -30.34% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AEHR starting from DANESH FARIBA, who proposed sale 10,000 shares at the price of $18.58 back on Jul 30 ’24. After this action, DANESH FARIBA now owns shares of Aehr Test Systems, valued at $185,800 using the latest closing price.
DANESH FARIBA, the Director of Aehr Test Systems, sale 10,000 shares at $18.59 during a trade that took place back on Jul 30 ’24, which means that DANESH FARIBA is holding 16,390 shares at $185,900 based on the most recent closing price.
Stock Fundamentals for AEHR
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.49 for the gross margin
The net margin for Aehr Test Systems stands at 0.5. The total capital return value is set at 0.09. Equity return is now at value 35.42, with 29.33 for asset returns.
Based on Aehr Test Systems (AEHR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 3.78.
Currently, EBITDA for the company is 11.44 million with net debt to EBITDA at -3.76. When we switch over and look at the enterprise to sales, we see a ratio of 7.52. The receivables turnover for the company is 6.76for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.31.
Conclusion
In summary, Aehr Test Systems (AEHR) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
