Alert: Rating Downgrade (1/12/24)-Aehr Test Systems (NASDAQ: AEHR).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Aehr Test Systems (NASDAQ: AEHR) fell significantly recently. AEHR’s current Value Trend Rating is F and the prior Rating was C. Details supporting this lower rating are included in our next report.

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Recent Price Action

On 1/12/24, Aehr Test Systems (NASDAQ: AEHR) stock declined by -4.2%, closing at $17.47. Moreover, this decline was accompanied by unusually high trading volume at 192% of normal. Relative to the market the stock has been weak over the last nine months and has declined -22.6% during the last week.

Current PriceTarget Research Rating

AEHR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Aehr Test Systems has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Aehr Test Systems has a neutral Appreciation Score of 47 but a poor Power Rating of 16, producing the Lowest Value Trend Rating.

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