Netlist (OTCMKTS:NLST) Shares Cross Above 200 Day Moving Average - What's Next?

Netlist, Inc. (OTCMKTS:NLST - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.95 and traded as high as $1.16. Netlist shares last traded at $1.10, with a volume of 592,804 shares traded.

Analyst Ratings Changes

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

Netlist Price Performance

The firm's 50-day simple moving average is $0.79 and its 200 day simple moving average is $0.95. The firm has a market capitalization of $296.63 million, a price-to-earnings ratio of -4.95 and a beta of 1.07.

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.