Double Digit NASDAQ Stock Winners: AEHR, AHPI, MTSL
8:01 am Tuesday, July 20th, 2021
Following are major stock gainers on Nasdaq in Monday’s trading session:
Aehr Test Systems (NASDAQ:AEHR) was the active stock gainer on Monday and soared 88% to $6.39. The company announced it has received a $10.8 million single purchase order from its lead silicon carbide test and burn-in customer for multiple FOX-XP™ systems and full sets of WaferPak™ Contactors to meet their increased production capacity needs. This customer is a leading Fortune 500 supplier of semiconductor devices with a significant customer base in the automotive semiconductor market. These FOX systems and WaferPaks are expected to ship within the next six months.
Allied Healthcare Products, Inc. (NASDAQ:AHPI) was another notable winner as the stock went up 44% to end the session at $8.32. While there’s nothing new from Allied Healthcare Products, that doesn’t mean the rise is for no reason. The company has a decently high short ratio of 18%. In addition to that, it looks like retail traders on social media have taken a liking to AHPI stock. These two factors are likely what has it gaining today.
The increasing attention of AHPI stock is resulting in heavy trading today. That has some 100 million shares of the stock changing hands as of this writing. This is a massive surge compared to the company’s daily average trading volume of about 208,000 shares.
Mer Telemanagement Solutions Ltd. (NASDAQ:MTSL) surged 38.44% to $5.69. Mer Telemanagement Solutions Ltd., together with its subsidiaries, provides solutions for telecommunications expense management (TEM), enterprise mobility management, and call usage and accounting software worldwide. It offers TEM suite software platform that helps organizations to reduce operational expenses, enhance productivity, and optimize networks and services associated with communications networks and information technology (IT). The company also provides TEM services, such as Map-to-Wins, a strategic consulting approach for TEM solution; and consulting services, including invoice, inventory audit and recovery, contract negotiations and strategic sourcing, discovery and road mapping, process diagnosis and solution design, and wireless optimization services, as well as creation and implementation of IT governance, risk, and compliance policies.
