Aehr Test Systems (NASDAQ:AEHR) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, Yahoo Finance reports. Aehr Test Systems had a negative return on equity of 47.96% and a negative net margin of 23.79%. The business had revenue of $7.92 million for the quarter, compared to analysts’ expectations of $7.11 million.

Shares of Aehr Test Systems (NASDAQ AEHR) traded up $0.30 during trading on Friday, reaching $3.15. The company had a trading volume of 773,400 shares, compared to its average volume of 393,267. Aehr Test Systems has a 52-week low of $2.15 and a 52-week high of $6.10. The firm has a market capitalization of $61.40, a PE ratio of -10.86, a P/E/G ratio of 4.75 and a beta of 0.84. The company has a quick ratio of 2.64, a current ratio of 3.76 and a debt-to-equity ratio of 0.35.

In other Aehr Test Systems news, Director William W. R. Elder sold 28,168 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $3.51, for a total value of $98,869.68. Following the transaction, the director now directly owns 28,744 shares of the company’s stock, valued at $100,891.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gayn Erickson sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $3.40, for a total value of $68,000.00. Following the completion of the transaction, the insider now directly owns 341,063 shares in the company, valued at $1,159,614.20. The disclosure for this sale can be found here. Insiders sold 85,128 shares of company stock worth $275,073 in the last quarter. 21.90% of the stock is owned by insiders.

An institutional investor recently raised its position in Aehr Test Systems stock. Vanguard Group Inc. raised its stake in Aehr Test Systems (NASDAQ:AEHR) by 45.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 493,399 shares of the semiconductor company’s stock after purchasing an additional 153,816 shares during the quarter. Vanguard Group Inc. owned about 2.59% of Aehr Test Systems worth $1,851,000 at the end of the most recent quarter. 27.16% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on the company. Zacks Investment Research upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a report on Thursday. ValuEngine cut Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st.

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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.

Earnings History for Aehr Test Systems (NASDAQ:AEHR)

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