Netlist, Inc. (OTCMKTS:NLST – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.30 and traded as high as $1.35. Netlist shares last traded at $1.14, with a volume of 1,457,379 shares.
Analyst Ratings Changes
NLST has been the topic of a number of recent analyst reports. StockNews.com downgraded Netlist from a “hold” rating to a “sell” rating in a research note on Sunday, November 3rd. Roth Mkm dropped their price target on shares of Netlist from $4.00 to $2.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th.
Get Our Latest Report on Netlist
Netlist Stock Performance
Netlist (OTCMKTS:NLST – Get Free Report) last announced its earnings results on Tuesday, October 29th. The semiconductor company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.01. The firm had revenue of $40.19 million during the quarter, compared to the consensus estimate of $38.00 million. Netlist had a negative return on equity of 852.20% and a negative net margin of 37.19%. As a group, research analysts predict that Netlist, Inc. will post -0.17 earnings per share for the current 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.
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