Netlist, Inc. (OTCMKTS:NLST – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $3.32 and last traded at $3.30, with a volume of 727455 shares. The stock had previously closed at $3.02.
Netlist Stock Down 12.6%
The company has a fifty day moving average of $1.80 and a two-hundred day moving average of $1.20. The stock has a market capitalization of $966.07 million, a price-to-earnings ratio of -37.69 and a beta of 1.33.
Netlist (OTCMKTS:NLST – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The semiconductor company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04. The company had revenue of $104.89 million for the quarter, compared to analyst estimates of $79.00 million.
About Netlist
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.
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