Netlist NLST Stock Price has been trying to recover since it’s July high of almost $10. Wondering why this stock is having such a hard time and if it can break the overall trend?
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I’m now helping traders find breakout stocks. My claim to fame is the expert at finding trending stocks.
What do I mean by big winners?
Stocks that move more than 100% in a month! NLST Stock Price could?
Does that always happen, NO! But, I’m very good! Take a look at this article I wrote, where I called 5 stocks, 3 losers and 2 winners and they all did what I thought!
The article is HERE where I shine a spotlight on trending stocks and breakout stocks!
Now, let’s go over some of the basic information on this stock before we get in the technical analysis
Netlist Inc. Company Information
Company Name: Netlist Inc.
Netlist Inc. Company Summary:
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.
NLST stock price is due to News?
Mar 01, 2022 (ACCESSWIRE via COMTEX) — IRVINE, CA / ACCESSWIRE / March 1, 2022 / Netlist, Inc. (OTCQB:NLST) today reported financial results for the full year and the fourth quarter ended January 1, 2022.
- Revenue increased 201% to $142.4 million compared to $47.2 million last year
- Gross profit increased 626% to $48.9 million compared to $6.7 million last year
- Net income reached $4.8 million or $0.02 per diluted share compared to ($0.04) last year
- Current ratio increased by 159% as working capital improved by $55 million
NLST 5 Day Chart
NLST Stock Price Technical Analysis: NLST Stock Price
The PPS is up over 17% over the last month. The volume is also up, to be exact it is up 54%!
Look at the revenue increases. Wee OOOO!
I like the stock a lot, pay attention its about to pop in my opinion!