Netlist Inc (NASDAQ:NLST) shares traded on 0.9% above secure line and closed at $0.11. The stock exchanged hands 1.83 Million shares versus average trading capacity of 2 Million shares. It has a market cap of $12.67 Million.

Wall Street analysts are predicting that Netlist Inc (NASDAQ:NLST) will report earnings per share of $-0.03 in their quarterly report. For the current quarter Netlist Inc (NASDAQ:NLST) has high EPS estimates of $-0.02 in contradiction of low EPS estimates of $-0.04. However a year ago for the same quarter the company has reported $-0.05 EPS. Average estimation for the current quarter has been provided by 2 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Previously Netlist Inc (NASDAQ:NLST) reported $-0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.02 by $-0.02 with surprise factor of -100%.

Netlist Inc (NASDAQ:NLST) has average revenue estimates of $8.95 Million, compared to low analyst estimates of $8.9 Million and high estimates of $9 Million for the current quarter. A total number of 2 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $37.5 Million compared to low analyst estimates of $37.1 Million and high estimates of $37.9 Million according to the prediction of 2 analysts.

Taking a broader look at the analyst consensus, according to 2 analysts Netlist Inc (NASDAQ:NLST)’s price will reach at $0.75 during 52 weeks. Its minimum price target estimates has been figured out at $0.5 while the maximum price target forecast is established at $1.

On the other hand Netlist Inc (NASDAQ:NLST) has Relative Strength Index (RSI 14) of 25.07 along with Average True Range (ATR 14) of 0.01. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently Netlist Inc (NASDAQ:NLST)’s weekly and monthly volatility is 10.85%, 8.45% respectively.