Netlist (OTCMKTS:NLST) Reaches New 1-Year High – What’s Next?

Shares of Netlist, Inc. (OTCMKTS:NLST) hit a new 52-week high on Monday . The company traded as high as $2.68 and last traded at $2.66, with a volume of 368996 shares. The stock had previously closed at $2.50.

Netlist Price Performance

The stock has a market cap of $846.47 million, a price-to-earnings ratio of -33.13 and a beta of 1.33. The company’s fifty day moving average price is $1.61 and its 200-day moving average price is $1.12.

Netlist (OTCMKTS:NLST) last released its earnings results on Tuesday, March 3rd. The semiconductor company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $75.72 million during the quarter, compared to analyst estimates of $44.00 million.

Netlist Company Profile

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.