Aehr Test Systems (NASDAQ: AEHR) stock enjoyed a major increase of 13.4% on 7/8/24. The shares closed at $12.80. Moreover, trading volume in this advance was unusually high at 196% of normal. The stock has risen 15.2% during the last week but has been extremely weak relative to the market over the last nine months.
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 2, and the Lowest Value Trend Rating results.
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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