UTStarcom (NASDAQ:UTSI) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of UTStarcom (NASDAQ:UTSI) in a report issued on Wednesday. The brokerage set a “sell” rating on the Wireless communications provider’s stock.

UTStarcom Price Performance

Shares of UTStarcom stock opened at $2.93 on Wednesday. The firm has a fifty day moving average price of $2.73 and a 200 day moving average price of $3.11. UTStarcom has a 1 year low of $2.40 and a 1 year high of $4.15.

About UTStarcom

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, and internationally. Its products include converged packet transport, disaggregated router platform, packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products.