Aehr Test Systems (AEHR) Shares Decline Despite Market Challenges

Aehr Test Systems (NASDAQ: AEHR)’s stock price has dropped by -4.58 in relation to previous closing price of 11.73. Nevertheless, the company has seen a loss of -6.88% in its stock price over the last five trading days. accesswire.com reported 2024-11-13 that FREMONT, CA / ACCESSWIRE / November 13, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the Craig-Hallum 15th Annual Alpha Select Conference taking place on November 19, 2024 at the Sheraton New York Times Square Hotel. President and CEO Gayn Erickson and CFO Chris Siu will be hosting meetings with institutional investors throughout the day.

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 11.35x. The 36-month beta value for AEHR is also noteworthy at 1.96. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for AEHR is 27.67M, and at present, short sellers hold a 22.60% of that float. The average trading volume of AEHR on November 14, 2024 was 1.17M shares.

AEHR’s Market Performance

AEHR’s stock has seen a -6.88% decrease for the week, with a -21.29% drop in the past month and a -23.76% fall in the past quarter. The volatility ratio for the week is 5.77%, and the volatility levels for the past 30 days are at 7.12% for Aehr Test Systems The simple moving average for the last 20 days is -18.74% for AEHR’s stock, with a simple moving average of -18.26% for the last 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 -16.27% 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 -63.30% of loss for the given period.

Volatility was left at 7.12%, however, over the last 30 days, the volatility rate increased by 5.77%, as shares sank -23.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.07% lower at present.

During the last 5 trading sessions, AEHR fell by -5.74%, which changed the moving average for the period of 200-days by -23.70% in comparison to the 20-day moving average, which settled at $13.78. In addition, Aehr Test Systems saw -57.81% 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 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28.

Currently, EBITDA for the company is 11.44 million with net debt to EBITDA at -3.79. When we switch over and look at the enterprise to sales, we see a ratio of 5.15. 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

In summary, Aehr Test Systems (AEHR) has had a bad performance as of late. Analysts have bullish 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.

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