Netlist (OTCMKTS:NLST) Raised to Hold at StockNews.com

Netlist (OTCMKTS:NLST) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Sunday.

Netlist Trading Up 2.7 %

OTCMKTS NLST opened at $0.92 on Friday. Netlist has a 12 month low of $0.83 and a 12 month high of $2.97. The stock has a market cap of $233.86 million, a PE ratio of -3.66 and a beta of 1.05. The stock’s 50 day moving average is $1.18 and its 200 day moving average is $1.33.

Netlist (OTCMKTS:NLST) last released its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). Netlist had a negative net margin of 50.76% and a negative return on equity of 356.11%. The company had revenue of $36.84 million for the quarter, compared to the consensus estimate of $37.00 million. On average, analysts forecast that Netlist will post -0.21 EPS for the current fiscal year.

Netlist Company Profile

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.