Netlist (NLST) Projected to Post Earnings on Tuesday

Netlist (OTCMKTS:NLST - Get Free Report) is expected to be announcing 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 Stock Down 2.3 %

OTCMKTS:NLST traded down $0.02 during mid-day trading on Tuesday, reaching $0.68. The company's stock had a trading volume of 629,608 shares, compared to its average volume of 542,154. The firm has a market capitalization of $184.69 million, a PE ratio of -3.09 and a beta of 1.11. The stock has a fifty day moving average of $0.83 and a 200-day moving average of $1.04. Netlist has a 1 year low of $0.63 and a 1 year high of $2.97.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NLST. Roth Mkm cut their price target on shares of Netlist from $4.00 to $2.00 and set a "buy" rating on the stock in a report on Wednesday, October 30th. StockNews.com lowered Netlist from a "hold" rating to a "sell" rating in a research report on Wednesday, January 15th.

About Netlist

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.