StockNews.com upgraded shares of Netlist (OTCMKTS:NLST – Free Report) from a sell rating to a hold rating in a research note issued to investors on Wednesday.
Netlist Price Performance
NLST stock opened at $1.14 on Wednesday. The company has a market cap of $292.39 million, a price-to-earnings ratio of -4.58 and a beta of 1.05. Netlist has a twelve month low of $1.00 and a twelve month high of $2.97. The business has a 50 day moving average price of $1.24 and a two-hundred day moving average price of $1.37.
Netlist (OTCMKTS:NLST – Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The company had revenue of $36.84 million during the quarter, compared to analyst estimates of $37.00 million. Netlist had a negative net margin of 50.76% and a negative return on equity of 356.11%. On average, equities research analysts anticipate that Netlist will post -0.21 EPS for the current fiscal year.
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.
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