Netlist (NLST) Given Daily Media Impact Score of 0.04
Press coverage about Netlist (NASDAQ:NLST) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Netlist earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 45.9565655016746 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Netlist, Inc. :NLST-US: Earnings Analysis: Q2, 2017 By the Numbers : August 25, 2017 (finance.yahoo.com)
- Netlist, Inc. (NLST) Receives New Coverage from Analysts at Roth Capital (americanbankingnews.com)
- Top Analyst Upgrades and Downgrades: Chipotle, Dick’s, Gentex, HP, Lowe’s, Teva and Many More (marketwatch.com)
- Netlist, Inc. (NLST) Earns Buy Rating from B. Riley (americanbankingnews.com)
Netlist (NASDAQ NLST) traded up 8.70% during midday trading on Friday, reaching $0.70. 1,287,131 shares of the company were exchanged. The firm’s market cap is $43.34 million. Netlist has a one year low of $0.55 and a one year high of $2.19. The firm’s 50-day moving average is $1.01 and its 200-day moving average is $1.06.
Netlist (NASDAQ:NLST) last announced its quarterly earnings results on Thursday, August 10th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.01. The business had revenue of $11.40 million during the quarter, compared to analyst estimates of $10.65 million. On average, equities analysts expect that Netlist will post ($0.15) EPS for the current fiscal year.
Several research firms have recently issued reports on NLST. B. Riley reissued a “buy” rating and issued a $2.46 price objective on shares of Netlist in a research report on Wednesday. Zacks Investment Research lowered shares of Netlist from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, Roth Capital began coverage on shares of Netlist in a research report on Thursday. They issued a “buy” rating and a $2.00 price objective for the company.
In other Netlist news, CEO Chun K. Hong sold 101,262 shares of the stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $1.17, for a total transaction of $118,476.54. Following the transaction, the chief executive officer now owns 85,568 shares in the company, valued at approximately $100,114.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Chun K. Hong sold 74,206 shares of the stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of $1.12, for a total value of $83,110.72. Following the transaction, the chief executive officer now owns 85,568 shares in the company, valued at approximately $95,836.16. The disclosure for this sale can be found here. Insiders have sold a total of 200,200 shares of company stock valued at $228,545 in the last ninety days. Insiders own 15.42% of the company’s stock.
Netlist Company Profile
Netlist, Inc designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets. The Company operates in the segment of design and manufacture of memory subsystems for the server, computing and communications markets. The Company’s memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND flash), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs).
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