Aehr Test Systems (NASDAQ: AEHR) stock enjoyed a major increase of 11.2% on 12/14/23. The shares closed at $29.89. Moreover, trading volume in this advance was unusually high at 172% of normal. The stock has risen 23.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AEHR is expected to continue to be a major Value Builder.
Aehr Test Systems has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Aehr Test Systems has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 63, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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