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Aehr Test Systems (NASDAQ:AEHR) Director William W. R. Elder sold 1,300 shares of Aehr Test Systems stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $2.76, for a total transaction of $3,588.00. Following the sale, the director now directly owns 105,000 shares of the company’s stock, valued at approximately $289,800. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Aehr Test Systems (NASDAQ:AEHR) traded down 0.72% on Friday, hitting $2.74. 11,743 shares of the company’s stock traded hands. Aehr Test Systems has a 1-year low of $1.46 and a 1-year high of $3.59. The stock has a 50-day moving average of $2.55 and a 200-day moving average of $2.51. The company has a market cap of $30.4 million and a P/E ratio of 70.77.

Aehr Test Systems (NASDAQ:AEHR) last announced its earnings results on Thursday, July 17th. The company reported $0.04 EPS for the quarter. The company had revenue of $5.40 million for the quarter, compared to the consensus estimate of $5.60 million.

Aehr Test Systems develops, manufactures and sells systems, which is designed to reduce the cost of testing and to perform reliability screening, or burn-in, of complex logic and memory devices.

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