Aehr Test Systems (NASDAQ:AEHR) released its quarterly earnings data on Thursday. The semiconductor company reported $0.02 earnings per share for the quarter, Yahoo Finance reports. The company had revenue of $7.92 million for the quarter, compared to the consensus estimate of $7.11 million. Aehr Test Systems had a negative return on equity of 47.96% and a negative net margin of 23.79%.
Aehr Test Systems (AEHR) traded up $0.30 during midday trading on Friday, reaching $3.15. The company’s stock had a trading volume of 773,400 shares, compared to its average volume of 393,267. The company has a quick ratio of 2.64, a current ratio of 3.76 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $61.40, a P/E ratio of -10.86, a price-to-earnings-growth ratio of 4.75 and a beta of 0.84. Aehr Test Systems has a 12 month low of $2.15 and a 12 month high of $6.10.
In other news, Director William W. R. Elder sold 28,168 shares of Aehr Test Systems stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $3.51, for a total value of $98,869.68. Following the completion of the transaction, the director now owns 28,744 shares in the company, valued at $100,891.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gayn Erickson sold 20,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $3.40, for a total transaction of $68,000.00. Following the completion of the transaction, the insider now owns 341,063 shares of the company’s stock, valued at approximately $1,159,614.20. The disclosure for this sale can be found here. Insiders have sold 85,128 shares of company stock worth $275,073 over the last ninety days. Company insiders own 21.90% of the company’s stock.
A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 price objective on the stock in a report on Thursday. ValuEngine downgraded Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st.
Aehr Test Systems Company Profile
Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories.
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