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Netlist (OTCMKTS:NLST) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

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Netlist, Inc. (OTCMKTS:NLST - Get Free Report)'s stock price passed 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 trading 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.

Get Our Latest Stock Analysis on NLST

Netlist Trading Up 4.5 %

The company has a 50-day moving average price of $0.79 and a two-hundred day moving average price of $0.94. The stock has a market capitalization of $315.68 million, a P/E ratio of -5.27 and a beta of 1.07.

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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