The stock of Aehr Test Systems (AEHR) has gone up by 30.67% for the week, with a 25.65% rise in the past month and a -2.50% drop in the past quarter. The volatility ratio for the week is 9.28%, and the volatility levels for the past 30 days are 6.25% for AEHR. The simple moving average for the past 20 days is 25.67% for AEHR’s stock, with a 11.40% simple moving average for the past 200 days.
Is It Worth Investing in Aehr Test Systems (NASDAQ: AEHR) Right Now?
The price-to-earnings ratio for Aehr Test Systems (NASDAQ: AEHR) is 16.25x, which is above its average ratio. Moreover, the 36-month beta value for AEHR is 2.05. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AEHR is 27.67M and currently, short sellers hold a 19.05% of that float. On October 14, 2024, AEHR’s average trading volume was 1.37M shares.
AEHR) stock’s latest price update
Aehr Test Systems (NASDAQ: AEHR) has seen a rise in its stock price by 20.27 in relation to its previous close of 13.32. However, the company has experienced a 30.67% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-13 that I’m reaffirming my buy rating on Aehr Test Systems stock as an under-the-radar name for longer-term investors. The stock underperformed the S&P 500 by over 70% YTD and is undervalued at current levels. In my opinion, the stock has minimal downside ahead and tailwinds from macro recovery and new target market penetration, making room for upward revision in FY24 guide.
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 19.02% 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 -61.55% of loss for the given period.
Volatility was left at 6.25%, however, over the last 30 days, the volatility rate increased by 9.28%, as shares surge +23.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.20% lower at present.
During the last 5 trading sessions, AEHR rose by +30.67%, which changed the moving average for the period of 200-days by -45.34% in comparison to the 20-day moving average, which settled at $12.75. In addition, Aehr Test Systems saw -39.62% 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 SLAYEN HOWARD T, who purchase 20,000 shares at the price of $15.50 back on Aug 02 ’24. After this action, SLAYEN HOWARD T now owns 220,714 shares of Aehr Test Systems, valued at $310,000 using the latest closing price.
DANESH FARIBA, the Officer of Aehr Test Systems, proposed sale 10,000 shares at $18.58 during a trade that took place back on Jul 30 ’24, which means that DANESH FARIBA is holding shares at $185,800 based on the most recent closing price.
Stock Fundamentals for AEHR
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.5 for the gross margin
The net margin for Aehr Test Systems stands at 0.5. The total capital return value is set at 0.05. Equity return is now at value 28.76, with 23.19 for asset returns.
Based on Aehr Test Systems (AEHR), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04.
Currently, EBITDA for the company is 11.44 million with net debt to EBITDA at -4.05. When we switch over and look at the enterprise to sales, we see a ratio of 7.54. The receivables turnover for the company is 6.86for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.03.
Conclusion
To wrap up, the performance of Aehr Test Systems (AEHR) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
