Netlist (NLST) Expected to Announce Quarterly Earnings on Tuesday

Netlist (OTCMKTS:NLST - Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect Netlist to post earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Trading Down 2.7 %

OTCMKTS:NLST traded down $0.02 during mid-day trading on Friday, hitting $0.68. 491,185 shares of the company's stock were exchanged, compared to its average volume of 413,221. The company has a 50 day simple moving average of $0.77 and a 200-day simple moving average of $1.00. Netlist has a fifty-two week low of $0.63 and a fifty-two week high of $2.97. The firm has a market capitalization of $183.61 million, a P/E ratio of -3.07 and a beta of 1.11.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Roth Mkm cut their target price 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. StockNews.com downgraded shares of Netlist from a "hold" rating to a "sell" rating in a research report on Wednesday, January 15th.

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.