Netlist, Inc. (NASDAQ:NLST) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: January 10, 2017
Yesterday Netlist, Inc. (NASDAQ:NLST) traded 0.93% higher at $1.08. The company’s 50-day moving average is $1.03 and its 200-day moving average is $1.29. The last stock close price is down -16.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 148,903
Zacks Investment Research has downgraded Netlist, Inc. (NASDAQ:NLST) to Sell in a report released on 1/11/2017.
Previously on Friday November 20, 2015, Craig Hallum reported about Netlist, Inc. (NASDAQ:NLST) raised the target price from $0.00 to $3.00. At the time, this indicated a possible upside of 2.53%.
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Netlist, Inc. has a 52 week low of $0.64 and a 52 week high of $2.19 The company’s market cap is currently $0.
About Netlist, Inc. (NASDAQ:NLST)
Netlist, Inc. designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets. The Company operates in the segment of design and manufacture of memory subsystems for the server, computing and communications markets. The Company's memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND flash), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs). The Company primarily markets and sells its products to original equipment manufacturer (OEM) customers, hyper scale datacenter operators and data storage vendors. The Company's products include NVvault, HyperCloud, and specialty memory modules and flash-based products. NVvault is a memory subsystem that incorporates both DRAM and NAND flash in a single persistent dual-in line memory module (DIMM) solution.
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