Netlist (NLST) Projected to Post Earnings on Tuesday

Netlist (OTCMKTS:NLST - Get Free Report) is expected to announce its earnings results on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Trading Up 0.5 %

Shares of Netlist stock traded up $0.00 during trading on Wednesday, reaching $0.68. The stock had a trading volume of 187,130 shares, compared to its average volume of 517,901. The company has a market capitalization of $183.88 million, a price-to-earnings ratio of -3.07 and a beta of 1.11. The stock has a fifty day moving average price of $0.82 and a two-hundred day moving average price of $1.03. Netlist has a 52 week low of $0.63 and a 52 week high of $2.97.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NLST. StockNews.com downgraded Netlist from a "hold" rating to a "sell" rating in a research note on Wednesday, January 15th. Roth Mkm decreased their target price on shares of Netlist from $4.00 to $2.00 and set a "buy" rating for the company in a research note on Wednesday, October 30th.

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.