Aehr Test Systems (AEHR) Earns Buy Rating from Analysts at Craig Hallum
Craig Hallum assumed coverage on shares of Aehr Test Systems (NASDAQ:AEHR) in a research report issued to clients and investors on Monday, The Fly reports. The firm set a “buy” rating on the stock.
Aehr Test Systems (NASDAQ:AEHR) opened at 2.67 on Monday. The company’s market cap is $35.56 million. The stock has a 50 day moving average price of $2.48 and a 200 day moving average price of $1.75. Aehr Test Systems has a 1-year low of $0.95 and a 1-year high of $3.42.
Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Thursday, September 29th. The company reported ($0.04) EPS for the quarter. Aehr Test Systems had a negative return on equity of 387.82% and a negative net margin of 59.41%. The firm earned $5.30 million during the quarter.
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In other Aehr Test Systems news, insider Gayn Erickson sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The stock was sold at an average price of $2.82, for a total value of $28,200.00. Following the completion of the sale, the insider now owns 347,694 shares in the company, valued at approximately $980,497.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 38.10% of the stock is owned by company insiders.
Aehr Test Systems Company Profile
Aehr Test Systems is a provider of burn-in equipment. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, the MAX burn-in system, WaferPak full wafer contactor, the DiePak carrier and test fixtures.
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