Netlist (OTCMKTS:NLST - Get Free Report) was upgraded by research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Tuesday.
Separately, Roth Mkm decreased their price objective on Netlist from $4.00 to $2.00 and set a "buy" rating on the stock in a report on Wednesday, October 30th.
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Netlist Trading Down 4.0 %
Shares of OTCMKTS:NLST traded down $0.04 during trading on Tuesday, hitting $0.95. 439,737 shares of the company were exchanged, compared to its average volume of 582,836. The stock has a market cap of $258.34 million, a price-to-earnings ratio of -4.32 and a beta of 1.04. Netlist has a fifty-two week low of $0.83 and a fifty-two week high of $2.97. The firm has a fifty day moving average price of $1.03 and a two-hundred day moving average price of $1.21.
Netlist (OTCMKTS:NLST - Get Free Report) last posted its earnings results on Tuesday, October 29th. The semiconductor company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. The business had revenue of $40.19 million for the quarter, compared to analyst estimates of $38.00 million. Netlist had a negative return on equity of 852.20% and a negative net margin of 37.19%. As a group, research analysts predict that Netlist will post -0.17 EPS for the current year.
Netlist Company Profile
(
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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.
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