Netlist (OTCMKTS:NLST - Get Free Report) was downgraded by research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Sunday.
Separately, Roth Mkm decreased their target price on shares of Netlist from $4.00 to $2.00 and set a "buy" rating for the company in a research report on Wednesday.
Check Out Our Latest Stock Analysis on NLST
Netlist Price Performance
Shares of OTCMKTS NLST traded up $0.02 during mid-day trading on Friday, hitting $1.08. The company had a trading volume of 837,200 shares, compared to its average volume of 1,494,884. The stock has a market cap of $292.23 million, a price-to-earnings ratio of -4.89 and a beta of 1.03. The firm's 50 day simple moving average is $1.12 and its two-hundred day simple moving average is $1.31. Netlist has a 12 month low of $0.83 and a 12 month high of $2.97.
Netlist (OTCMKTS:NLST - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.01. Netlist had a negative net margin of 37.19% and a negative return on equity of 480.98%. The firm had revenue of $40.19 million for the quarter, compared to the consensus estimate of $38.00 million. Equities analysts forecast that Netlist will post -0.17 earnings per share for the current year.
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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