Aehr Test Systems (NASDAQ:AEHR) price on Thursday, April 10, fall -7.19% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.13.
A look at the stock’s price movement, the close in the last trading session was $8.76, moving within a range at $7.88 and $8.43. The beta value (5-Year monthly) was 2.013 while the PE ratio in trailing twelve months stood at 10.48. Turning to its 52-week performance, $21.44 and $6.27 were the 52-week high and 52-week low respectively. Overall, AEHR moved -8.45% over the past month.
Aehr Test Systems’s market cap currently stands at around $241.56 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-07.
Analysts have a consensus estimate of 14.83M for the company’s revenue for the quarter, with a low and high estimate of 14.65M and 15.01M respectively. The average forecast suggests down to a -10.68% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 59.71M, representing a -9.83% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AEHR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend AEHR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AEHR’s current price about -2.57% and -14.09% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.99, while 7-day volatility ratio is 17.21% and 9.02% in the 30-day chart. Further, Aehr Test Systems (AEHR) has a beta value of 2.18, and an average true range (ATR) of 0.84. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $25 and high of $25. Looking at the price targets, the low is -207.5% off current price level while to achieve the yearly target high, price needs to move -207.5%. Nonetheless, investors will most likely welcome a -207.5% jump to $25 which is the analysts’ median price.
If we refocus on Aehr Test Systems (NASDAQ:AEHR), historical trading data shows that trading volumes averaged 1.41 over the past 10 days and 1.11 million over the past 3 months. The company’s latest data on shares outstanding shows there are 29.77 million shares.
The 6.37% of Aehr Test Systems’s shares are in the hands of company insiders while institutional holders own 71.17% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.94 million on 2025-03-14, giving us a short ratio of 6.95. The data shows that as of 2025-03-14 short interest in Aehr Test Systems (AEHR) stood at 2458.0 of shares outstanding, with shares short falling to 7.23 million registered in 2025-02-14. Current price change has pushed the stock -51.11% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AEHR stock continues to rise going into the next quarter.
