Is Netlist, Inc. (NLST) a Sell? The Stock Reaches Yearly Low Today

March 18, 2018 - By Louis Casey

Investors sentiment increased to 2.75 in Q3 2017. Its up 2.25, from 0.5 in 2017Q2. It is positive, as 0 investors sold Netlist, Inc. shares while 4 reduced holdings. 7 funds opened positions while 4 raised stakes. 13.87 million shares or 27.49% more from 10.88 million shares in 2017Q2 were reported.
Goldman Sachs Group Inc invested 0% of its portfolio in Netlist, Inc. (NASDAQ:NLST). Barclays Pcl holds 59 shares or 0% of its portfolio. Royal Bancorporation Of Canada owns 46 shares. Fortress Gp owns 830,070 shares. Guggenheim Limited accumulated 25,174 shares or 0% of the stock. Citadel Advsrs Limited Liability Company holds 0% or 48,700 shares. 270,723 are owned by Geode Capital Lc. Commonwealth Equity Service stated it has 0% of its portfolio in Netlist, Inc. (NASDAQ:NLST). Financial Advantage Inc owns 0.02% invested in Netlist, Inc. (NASDAQ:NLST) for 29,377 shares. White Pine Capital Limited Liability Company reported 78,500 shares or 0% of all its holdings. Vanguard Grp Inc reported 0% stake. Northern Trust Corporation reported 0% of its portfolio in Netlist, Inc. (NASDAQ:NLST). Hudson Bay Capital Mgmt Lp holds 0.01% in Netlist, Inc. (NASDAQ:NLST) or 414,888 shares. G2 Invest Prtn Mgmt Lc has 890,900 shares for 0.26% of their portfolio. The New York-based Blackrock Incorporated has invested 0% in Netlist, Inc. (NASDAQ:NLST).

The stock of Netlist, Inc. (NASDAQ:NLST) hit a new 52-week low and has $0.26 target or 5.00 % below today’s $0.28 share price. The 8 months bearish chart indicates high risk for the $19.37M company. The 1-year low was reported on Mar, 18 by If the $0.26 price target is reached, the company will be worth $968,600 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 5.85% or $0.0152 during the last trading session, reaching $0.2751. About 1.23M shares traded. Netlist, Inc. (NASDAQ:NLST) has declined 9.43% since March 18, 2017 and is downtrending. It has underperformed by 26.13% the S&P500.

Netlist, Inc. (NASDAQ:NLST) Ratings Coverage

Among 4 analysts covering Netlist (NASDAQ:NLST), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Netlist had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Buy” rating by B. Riley & Co given on Thursday, September 22. The stock of Netlist, Inc. (NASDAQ:NLST) earned “Hold” rating by Zacks on Thursday, September 17. B. Riley & Co maintained the shares of NLST in report on Monday, August 7 with “Buy” rating. The company was upgraded on Tuesday, September 1 by Zacks. The company was maintained on Wednesday, November 15 by Roth Capital.

Netlist, Inc. designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. The company has market cap of $19.37 million. It offers Hybri dual in-line memory module , 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. It currently has negative earnings. The firm also provides nonvolatile (NV) memory products, such as EXPRESSvault PCIe, a plug-and-play memory card, which offers data acceleration and data protection for server appliances; NVvault DDR3 NVDIMM that provides data acceleration and data protection in a joint electron device engineering council (JEDEC)standard DD3 interface for integration into industry-standard server and storage solutions; NVvault DDR4 NVDIMM, which offers data acceleration and data protection in a JEDEC standard DDR4 interface; and specialty DIMMs and embedded flash products for use in data center and industrial applications.

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