Currently, there are 29.71M common shares owned by the public and among those 27.67M shares have been available to trade.
The company’s stock has a 5-day price change of -30.80% and -27.22% over the past three months. AEHR shares are trading -29.89% year to date (YTD), with the 12-month market performance down to -36.04% lower. It has a 12-month low price of $9.83 and touched a high of $21.44 over the same period. AEHR has an average intraday trading volume of 1.30 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -23.87%, -12.24%, and -12.13% respectively.
Institutional ownership of Aehr Test Systems (NASDAQ: AEHR) shares accounts for 70.61% of the company’s 29.71M shares outstanding.
It has a market capitalization of $345.50M and a beta (3y monthly) value of 1.87. The stock’s trailing 12-month PE ratio is 15.62, while the earnings-per-share (ttm) stands at $0.75. The company has a PEG of 0.78 and a Quick Ratio of 3.82 with the debt-to-equity ratio at 0.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.09% over the week and 9.85% over the month.
Earnings per share for the fiscal year are expected to decrease by -67.31%, and 44.30% over the next financial year.
Looking at the support for the AEHR, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on July 17, 2024, with the firm’s price target at $12-$25. Craig Hallum coverage for the Aehr Test Systems (AEHR) stock in a research note released on March 26, 2024 offered a Hold rating with a price target of $12.
