Netlist (NASDAQ:NLST) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Netlist (NASDAQ:NLST – Get Rating) in a research report sent to investors on Thursday. The firm issued a sell rating on the stock.

Netlist Trading Up 11.7 %

Shares of NLST stock opened at $3.38 on Thursday. Netlist has a 12-month low of $0.87 and a 12-month high of $6.65. The stock has a market capitalization of $802.92 million, a P/E ratio of -22.53 and a beta of 1.22. The firm’s 50 day moving average is $1.83 and its 200 day moving average is $2.81.

Netlist Company Profile

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Netlist, Inc engages in the design, manufacture and sale of memory subsystems for the computing and communications markets. Its products include storage class memory, non volatile memory, embedded flash, specialty dimms and NVME SSD. The company was founded by Jayesh Bhakta, Chun Ki Hong and Christopher Lopes in June 2000 and is headquartered in Irvine, CA.