Netlist, Inc. (OTCMKTS:NLST - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.95 and traded as high as $1.12. Netlist shares last traded at $1.07, with a volume of 747,628 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Netlist from a "hold" rating to a "sell" rating in a research note on Wednesday, January 15th.
Check Out Our Latest Analysis on NLST
Netlist Trading Down 1.9 %
The business has a fifty day moving average price of $0.82 and a two-hundred day moving average price of $0.94. The company has a market cap of $280.31 million, a price-to-earnings ratio of -4.68 and a beta of 1.07.
Netlist (OTCMKTS:NLST - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The semiconductor company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The company had revenue of $30.00 million during the quarter, compared to analyst estimates of $30.00 million. Netlist had a negative net margin of 37.19% and a negative return on equity of 852.20%. On average, analysts anticipate that Netlist, Inc. will post -0.17 EPS for the current year.
About Netlist
(
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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.
Further Reading
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