Netlist (OTCMKTS:NLST) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Netlist, Inc. (OTCMKTS:NLSTGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.84 and traded as high as $1.21. Netlist shares last traded at $1.1760, with a volume of 942,883 shares traded.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a “buy” rating on shares of Netlist in a research note on Monday, December 1st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on NLST

Netlist Stock Performance

The stock has a market capitalization of $361.81 million, a P/E ratio of -9.80 and a beta of 1.49. The business has a 50-day moving average price of $1.04 and a 200 day moving average price of $0.84.

Netlist Company Profile

(Get Free Report)

Netlist, Inc is a technology company specializing in the design and development of high-performance memory and storage subsystems for enterprise and data center applications. The company’s product portfolio encompasses advanced memory modules, nonvolatile memory express (NVMe) solid-state drives and intelligent memory expansion systems. These solutions are engineered to boost memory density, bandwidth and overall system performance in hyperscale, cloud computing and high-performance computing environments.

Headquartered in Irvine, California, Netlist serves customers across the Americas and Asia through a combination of direct sales and channel distribution partners.

Further Reading

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