StockNews.com upgraded shares of Netlist (OTCMKTS:NLST – Free Report) from a sell rating to a hold rating in a research note published on Sunday.
Netlist Trading Up 2.0 %
Shares of OTCMKTS:NLST opened at $0.92 on Friday. The stock has a market cap of $235.26 million, a P/E ratio of -3.68 and a beta of 1.05. Netlist has a 12 month low of $0.83 and a 12 month high of $2.97. The company has a 50 day moving average of $1.17 and a 200 day moving average of $1.32.
Netlist (OTCMKTS:NLST – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Netlist had a negative net margin of 50.76% and a negative return on equity of 356.11%. The firm had revenue of $36.84 million for the quarter, compared to analysts’ expectations of $37.00 million. On average, equities analysts forecast that Netlist will post -0.21 earnings per share 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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