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Netlist (OTCMKTS:NLST) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

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Netlist, Inc. (OTCMKTS:NLST - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.96 and traded as high as $1.10. Netlist shares last traded at $1.05, with a volume of 1,148,432 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Netlist from a "hold" rating to a "sell" rating in a report on Wednesday, January 15th.

Read Our Latest Report on NLST

Netlist Stock Up 7.2 %

The stock has a market capitalization of $323.73 million, a PE ratio of -5.41 and a beta of 1.07. The firm has a 50 day moving average price of $0.76 and a 200 day moving average price of $0.96.

About Netlist

(Get Free Report)

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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