Netlist (NASDAQ:NLST) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of Netlist (NASDAQ:NLST – Get Rating) in a report released on Thursday morning. The firm issued a sell rating on the stock.

Netlist Price Performance

Shares of NLST stock opened at $3.38 on Thursday. The company has a market capitalization of $802.92 million, a price-to-earnings ratio of -22.53 and a beta of 1.22. Netlist has a one year low of $0.87 and a one year high of $6.65. The company’s fifty day moving average price is $1.83 and its 200-day moving average price is $2.81.

About Netlist

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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.