Aehr Test Systems (NASDAQ:AEHR) Stock Passes Above Two Hundred Day Moving Average of $0.00
Aehr Test Systems (NASDAQ:AEHR)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $1.45. Aehr Test Systems shares last traded at $1.44, with a volume of 454 shares traded.
The firm has a 50 day simple moving average of $1.57.
Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Thursday, July 18th. The semiconductor company reported $0.01 earnings per share for the quarter. The business had revenue of $7.24 million for the quarter. Aehr Test Systems had a negative net margin of 24.86% and a negative return on equity of 21.83%.
A hedge fund recently bought a new stake in Aehr Test Systems stock. Heritage Investors Management Corp acquired a new stake in shares of Aehr Test Systems (NASDAQ:AEHR) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 19,568 shares of the semiconductor company’s stock, valued at approximately $27,000. Heritage Investors Management Corp owned 0.09% of Aehr Test Systems at the end of the most recent reporting period. Institutional investors and hedge funds own 27.37% of the company’s stock.
About Aehr Test Systems (NASDAQ:AEHR)
Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry worldwide. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices.
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