Aehr Test Systems (NASDAQ:AEHR) At $11.64: What To Do?

In last trading session, Aehr Test Systems (NASDAQ:AEHR) saw 0.52 million shares changing hands with its beta currently measuring 2.06. Company’s recent per share price level of $11.64 trading at -$0.12 or -1.02% at ring of the bell on the day assigns it a market valuation of $336.51M. That closing price of AEHR’s stock is at a discount of -364.78% from its 52-week high price of $54.10 and is indicating a premium of 12.46% from its 52-week low price of $10.19. Taking a look at company’s average trading volume volume of 1.22 million if we extend that period to 3-months.

Aehr Test Systems (NASDAQ:AEHR) trade information

Upright in the red during last session for losing -1.02%, in the last five days AEHR remained trading in the green while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $11.64 price level, adding 6.58% to its value on the day. Aehr Test Systems’s shares saw a change of -56.13% in year-to-date performance and have moved 1.48% in past 5-day. Aehr Test Systems (NASDAQ:AEHR) showed a performance of 1.13% in past 30-days.

Aehr Test Systems (AEHR) estimates and forecasts

Statistics highlight that Aehr Test Systems is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -51.01% of value to its shares in past 6 months, showing an annual growth rate of -18.64% while that of industry is 8.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 0.20% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 15.44M for the same. And 1 analysts are in estimates of company making revenue of 14.4M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 90.24% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -18.51% while estimates for its earnings growth in next 5 years are of 20.00%.

AEHR Dividends

Aehr Test Systems is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.