Shares of Aehr Test Systems (NASDAQ:AEHR) traded at a new 52-week high today of $11.03. 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 2.5 million shares.
Over the past year, Aehr Test Systems has traded in a range of $1.15 to $11.03 and is now at $10.72, 832% above that low.
There is potential upside of 5.1% for shares of Aehr Test Systems based on a current price of $10.72 and an average consensus analyst price target of $11.27.
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.
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