Aehr Test Systems (NASDAQ:AEHR) traded today at a new 52-week high of $22.68. This new high was reached on above average trading volume as 16.3 million shares traded hands, while the average 30-day volume is approximately 6.6 million shares.
Aehr Test Systems has overhead space with shares priced $20.84, or 36.7% below the average consensus analyst price target of $32.94.
Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for the company’s products in package, wafer level, and singulated die/module level test. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.
In the past 52 weeks, shares of Aehr Test Systems have traded between a low of $1.15 and a high of $22.68 and is now at $20.84, which is 1,712% above that low price.
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