The trading price of Aehr Test Systems (NASDAQ:AEHR) closed lower on Friday, April 19, closing at $10.36, -4.25% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 20.00. In examining the 52-week price action we see that the stock hit a 52-week high of $54.10 and a 52-week low of $10.53. Over the past month, the stock has lost -30.84% in value.
Aehr Test Systems, whose market valuation is $299.51 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Aehr Test Systems No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AEHR has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.00, which symbolizes a positive outlook. A quick review shows that AEHR’s price is currently -13.38% off the SMA20 and -29.05% off the SMA50. The RSI metric on the 14-day chart is currently showing 27.90, and weekly volatility stands at 4.73%. When measured over the past 30 days, the indicator reaches 6.28%. Aehr Test Systems (NASDAQ:AEHR)’s beta value is currently sitting at 2.00, while the Average True Range indicator is currently displaying 0.75.
To see how Aehr Test Systems stock has been performing in comparison to its peers in the industry, here are the numbers: AEHR stock’s performance was -4.25% in the latest trading, and -64.04% in the past year. Aehr Test Systems has a P/E ratio of 20.00.
An evaluation of the daily trading volume of Aehr Test Systems (NASDAQ:AEHR) indicates that the 3-month average is 1.40 million.
Currently, records show that 28.54 million of the company’s shares remain outstanding. The insiders hold 6.25% of outstanding shares, whereas institutions hold 67.76%. However, since the stock’s price has seen -60.95% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
