Aehr Test Systems (NASDAQ:AEHR) VP Carl N. Buck sold 4,400 shares of the stock in a transaction dated Monday, October 10th. The stock was sold at an average price of $2.89, for a total transaction of $12,716.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Aehr Test Systems (NASDAQ:AEHR) opened at 2.83 on Tuesday. The firm’s market capitalization is $37.69 million. The stock has a 50 day moving average of $2.64 and a 200-day moving average of $1.82. Aehr Test Systems has a 1-year low of $0.95 and a 1-year high of $3.42.
Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Thursday, September 29th. The company reported ($0.04) earnings per share for the quarter. The company earned $5.30 million during the quarter. Aehr Test Systems had a negative return on equity of 387.82% and a negative net margin of 59.41%.
Separately, Craig Hallum assumed coverage on shares of Aehr Test Systems in a research note on Monday, October 10th. They issued a “buy” rating and a $5.00 price target on the stock.
Aehr Test Systems Company Profile
Aehr Test Systems is a provider of burn-in equipment. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, the MAX burn-in system, WaferPak full wafer contactor, the DiePak carrier and test fixtures.
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