Netlist (NASDAQ:NLST) Stock Price Down 2.4%

Netlist, Inc. (NASDAQ:NLSTGet Rating)’s share price fell 2.4% during trading on Thursday . The stock traded as low as $1.16 and last traded at $1.24. 682,102 shares changed hands during trading, a decline of 20% from the average session volume of 856,552 shares. The stock had previously closed at $1.27.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Netlist in a research report on Wednesday, October 12th. They set a “sell” rating on the stock.

Netlist Stock Performance

The stock has a market capitalization of $289.68 million, a P/E ratio of -9.54 and a beta of 1.21. The firm has a 50-day moving average price of $2.13 and a 200 day moving average price of $3.09.

Netlist Company Profile

(Get Rating)

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. It offers HybriDIMM, a storage class memory product, which unifies dynamic random-access memory (DRAM) and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds.

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