Aehr Test Systems (NASDAQ:AEHR) issued its quarterly earnings data on Thursday. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, Yahoo Finance reports. The business had revenue of $7.92 million during the quarter, compared to the consensus estimate of $7.11 million. Aehr Test Systems had a negative return on equity of 26.85% and a negative net margin of 13.92%.
Shares of Aehr Test Systems (AEHR) traded up $0.08 during midday trading on Friday, hitting $3.23. The stock had a trading volume of 612,220 shares, compared to its average volume of 262,436. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.64 and a current ratio of 3.76. The firm has a market capitalization of $71.35, a P/E ratio of -11.14, a PEG ratio of 5.25 and a beta of 0.84. Aehr Test Systems has a fifty-two week low of $2.15 and a fifty-two week high of $6.10.
In other Aehr Test Systems news, insider Gayn Erickson sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $3.40, for a total value of $68,000.00. Following the completion of the sale, the insider now directly owns 341,063 shares in the company, valued at $1,159,614.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William W. R. Elder sold 28,168 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $3.51, for a total value of $98,869.68. Following the completion of the sale, the director now owns 28,744 shares of the company’s stock, valued at $100,891.44. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,128 shares of company stock valued at $275,073. Insiders own 21.90% of the company’s stock.
Several equities analysts have recently issued reports on AEHR shares. Zacks Investment Research upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research report on Wednesday, November 22nd. ValuEngine downgraded Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Friday, October 27th.
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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