Aehr Test Systems (NASDAQ: AEHR) stock suffered a major decline of -16.8% on 1/10/24. The shares closed at $18.59. Moreover, trading volume in this decline was exceptionally high at 765% of normal. The stock has been weak relative to the market over the last nine months and has declined -25.5% 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 a major Value Builder.
Aehr Test Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Aehr Test Systems has a good Appreciation Score of 72 but a slightly negative Power Rating of 36, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative 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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