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Currently, there are 29.88M common shares owned by the public and among those 27.64M shares have been available to trade.
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The company’s stock has a 5-day price change of 43.06% and 152.51% over the past three months. AEHR shares are trading 6.74% year to date (YTD), with the 12-month market performance up to 20.87% higher. It has a 12-month low price of $6.27 and touched a high of $20.25 over the same period. AEHR has an average intraday trading volume of 1.05 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 39.37%, 68.42%, and 73.17% respectively.
Institutional ownership of Aehr Test Systems (NASDAQ: AEHR) shares accounts for 64.82% of the company’s 29.88M shares outstanding.
It has a market capitalization of $598.41M and a beta (3y monthly) value of 2.35. The earnings-per-share (ttm) stands at -$0.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.74% over the week and 8.45% over the month.
Earnings per share for the fiscal year are expected to decrease by -2.22%, and 147.73% over the next financial year. EPS should grow at an annualized rate of 69.46% over the next five years, compared to -1.55% over the past 5-year period.
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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.
