Netlist (OTCMKTS:NLST) Upgraded at StockNews.com

StockNews.com upgraded shares of Netlist (OTCMKTS:NLSTFree Report) from a sell rating to a hold rating in a research report sent to investors on Thursday morning.

Netlist Stock Down 2.5 %

OTCMKTS NLST opened at $1.18 on Thursday. Netlist has a 12-month low of $1.00 and a 12-month high of $2.97. The firm’s 50 day moving average is $1.33 and its 200-day moving average is $1.43. The company has a market capitalization of $301.60 million, a PE ratio of -4.72 and a beta of 1.05.

Netlist (OTCMKTS:NLSTGet Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The company had revenue of $36.84 million for the quarter, compared to analyst estimates of $37.00 million. Netlist had a negative return on equity of 356.11% and a negative net margin of 50.76%. As a group, sell-side analysts expect that Netlist will post -0.21 EPS 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.

Featured Stories

Receive News & Ratings for Netlist Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netlist and related companies with MarketBeat.com's FREE daily email newsletter.