Aehr Test Systems (NASDAQ:AEHR) VP Michael A. Brannan sold 17,000 shares of Aehr Test Systems stock in a transaction on Monday, October 11th. The stock was sold at an average price of $18.80, for a total transaction of $319,600.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
AEHR stock traded up $1.20 during midday trading on Wednesday, hitting $20.46. The company’s stock had a trading volume of 5,935,179 shares, compared to its average volume of 3,068,916. Aehr Test Systems has a twelve month low of $1.15 and a twelve month high of $21.36. The company’s fifty day moving average price is $10.18 and its 200 day moving average price is $5.47. The stock has a market capitalization of $500.92 million, a P/E ratio of -227.33 and a beta of 1.46.
Aehr Test Systems (NASDAQ:AEHR) last announced its earnings results on Wednesday, September 22nd. The semiconductor company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01. Aehr Test Systems had a negative net margin of 12.21% and a negative return on equity of 39.32%.
A number of brokerages have recently weighed in on AEHR. TheStreet raised shares of Aehr Test Systems from a “d” rating to a “c” rating in a research report on Friday, July 16th. Craig Hallum lifted their price target on shares of Aehr Test Systems from $12.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, October 8th.
Aehr Test Systems Company Profile
Aehr Test Systems engages in the design, manufacture and marketing of test and burn-in products to the semiconductor manufacturing industry. Its products include wafer contact test systems, test during burn-in systems, test fixtures and die carriers. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.
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