Netlist (NLST) Shares Up -5.6%
Netlist (NASDAQ:NLST) shares shot up 5.6% on Tuesday . The stock traded as high as $0.18 and last traded at $0.17. 10,523 shares were traded during mid-day trading, a decline of 99% from the average session volume of 1,661,267 shares. The stock had previously closed at $0.18.
Several research firms recently weighed in on NLST. Zacks Investment Research cut shares of Netlist from a “hold” rating to a “sell” rating in a research report on Wednesday, January 17th. ValuEngine upgraded shares of Netlist from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, Roth Capital cut shares of Netlist from a “buy” rating to a “neutral” rating and set a $2.00 price objective for the company. in a research report on Tuesday, April 17th.
The company has a current ratio of 1.82, a quick ratio of 1.38 and a debt-to-equity ratio of -2.77. The firm has a market capitalization of $14.58 million, a P/E ratio of -0.79 and a beta of -0.91.
Netlist Company Profile
Netlist, Inc designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. It offers Hybri dual in-line memory module (DIMM), a storage class memory product, which unifies dynamic random access memory (DRAM)and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds.
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.