Netlist, Inc. (OTCMKTS:NLST – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $3.23 and traded as high as $5.80. Netlist shares last traded at $5.75, with a volume of 865,845 shares traded.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the stock. Roth Capital reissued a “buy” rating on shares of Netlist in a research note on Wednesday, September 2nd. Zacks Research lowered Netlist from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $15.00.
Read Our Latest Stock Report on NLST
Netlist Trading Down 0.0%
Institutional Investors Weigh In On Netlist
A hedge fund recently bought a new position in Netlist stock. Compass Financial Management LLC bought a new stake in shares of Netlist, Inc. (OTCMKTS:NLST – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 11,000 shares of the semiconductor company’s stock, valued at approximately $34,000. 0.01% of the stock is currently owned by institutional investors.
Netlist Company Profile
Netlist, Inc is a technology company that develops high-performance memory and storage solutions for enterprise computing, cloud infrastructure, data centers and other demanding applications. Its products are designed to improve system capacity, performance, reliability and efficiency in servers and computing platforms.
The company’s offerings have included memory modules based on DRAM technologies, including registered DIMMs and other specialized memory products, as well as solid-state storage and related solutions.
Featured Articles
- Five stocks we like better than Netlist
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
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.
