Alert: Major Price Advance (6/5/24)-Aehr Test Systems (NASDAQ: AEHR).

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On 6/5/24, Aehr Test Systems (NASDAQ: AEHR) stock enjoyed a major increase of 12.2%, closing at $12.75. Moreover, this advance was accompanied by unusually high trading volume at 170% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 10.3% during the last week.

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Current PriceTarget Research Rating

AEHR is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Aehr Test Systems has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Aehr Test Systems has a slightly negative Appreciation Score of 36 and a very low Power Rating of 1, producing the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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