Aehr Test Systems (NASDAQ:AEHR) Director Mario M. Rosati sold 41,918 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The stock was sold at an average price of $1.67, for a total transaction of $70,003.06. Following the transaction, the director now directly owns 35,619 shares of the company’s stock, valued at $59,483.73. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of AEHR traded down $0.05 during mid-day trading on Tuesday, hitting $1.74. 103,547 shares of the company’s stock were exchanged, compared to its average volume of 85,356. Aehr Test Systems has a 52 week low of $1.03 and a 52 week high of $2.22. The company has a 50-day simple moving average of $1.45 and a 200 day simple moving average of $1.54.
Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Thursday, July 18th. The semiconductor company reported $0.01 earnings per share for the quarter. The company had revenue of $7.24 million during the quarter. Aehr Test Systems had a negative net margin of 18.92% and a negative return on equity of 16.20%.
About Aehr Test Systems
Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry worldwide. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices.
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