Aehr Test Systems [NASDAQ: AEHR] surged by $0.09 during the normal trading session on while it closed the day at $13.32.
Aehr Test Systems stock has also gained 9.27% of its value over the past 7 days. However, AEHR stock has declined by -15.43% in the 3 months of the year. Over the past six months meanwhile, it has gained 12.60% and lost -49.79% year-on date.
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The market cap for AEHR stock reached $394.01 million, with 29.00 million shares outstanding and 27.67 million shares in the current float. Compared to the average trading volume of 1.43M shares, AEHR reached a trading volume of 2956581 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Aehr Test Systems [AEHR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AEHR shares is $25.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AEHR stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for Aehr Test Systems shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 17, 2024. The new note on the price target was released on March 26, 2024, representing the official price target for Aehr Test Systems stock.
The Average True Range (ATR) for Aehr Test Systems is set at 0.76, with the Price to Sales ratio for AEHR stock in the period of the last 12 months amounting to 5.95. The Price to Book ratio for the last quarter was 3.46, with the Price to Cash per share for the same quarter was set at 1.66. Price to Free Cash Flow for AEHR in the course of the last twelve months was 390.10 with Quick ratio for the last quarter at 5.75.
AEHR stock trade performance evaluation
Aehr Test Systems [AEHR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.27. With this latest performance, AEHR shares gained by 2.62% in over the last four-week period, additionally plugging by 12.60% over the last 6 months – not to mention a drop of -66.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AEHR stock in for the last two-week period is set at 53.61, with the RSI for the last a single of trading hit 60.07, and the three-weeks RSI is set at 50.84 for Aehr Test Systems [AEHR]. The present Moving Average for the last 50 days of trading for this stock 13.47, while it was recorded at 12.81 for the last single week of trading, and 14.45 for the last 200 days.
Aehr Test Systems [AEHR]: An insightful look at the core fundamentals
Aehr Test Systems’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.75 and a Current Ratio set at 9.31.
Earnings per share (EPS) analysis for Aehr Test Systems [AEHR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AEHR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aehr Test Systems go to 20.00%.
Aehr Test Systems [AEHR]: Institutional Ownership
There are presently around $67.06%, or 71.08%% of AEHR stock, in the hands of institutional investors. The top three institutional holders of AEHR stocks are: VANGUARD GROUP INC with ownership of 2.11 million shares, which is approximately 7.2944%. BLACKROCK INC., holding 1.9 million shares of the stock with an approximate value of $$21.26 million in AEHR stocks shares; and BLACKROCK INC., currently with $$18.66 million in AEHR stock with ownership which is approximately 5.7874%.
