Aehr Test Systems (AEHR) stock hits $11.55: Is it a good time to buy or wait for a dip?

Aehr Test Systems [AEHR] stock prices are down -1.28% to $11.55 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AEHR shares have lost -0.69% over the last week, with a monthly amount drifted -20.34%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aehr Test Systems [NASDAQ: AEHR] stock has seen the most recent analyst activity on March 26, 2024, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $12 for it. Previously, William Blair downgraded its rating to Mkt Perform on March 25, 2024. On October 17, 2022, William Blair initiated with a Outperform rating.

The stock price of Aehr Test Systems [AEHR] has been fluctuating between $10.53 and $54.10 over the past year. Aehr Test Systems [NASDAQ: AEHR] shares were valued at $11.55 at the most recent close of the market.

Analyzing the AEHR fundamentals

The Aehr Test Systems [NASDAQ:AEHR] reported sales of 71.89M for trailing twelve months, representing a drop of -56.04%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.19 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.29 points at the first support level, and at 11.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.77, and for the 2nd resistance point, it is at 12.00.

Ratios To Look Out For

It’s worth pointing out that Aehr Test Systems [NASDAQ:AEHR]’s Current Ratio is 10.06. On the other hand, the Quick Ratio is 5.91, and the Cash Ratio is 5.18. Considering the valuation of this stock, the price to sales ratio is 4.64, the price to book ratio is 3.86 and price to earnings (TTM) ratio is 22.30.

Transactions by insiders

Recent insider trading involved Erickson Gayn, President and CEO, that happened on Jan 18 ’24 when 4871.0 shares were sold. Exec VP of Sales & Mktg., ROGERS VERNON completed a deal on Jan 18 ’24 to sell 1309.0 shares. Meanwhile, CTO RICHMOND DONALD P. II sold 1021.0 shares on Jan 18 ’24.

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