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

Equities researchers at StockNews.com started coverage on shares of UTStarcom (NASDAQ:UTSI) in a report released on Friday. The brokerage set a “sell” rating on the Wireless communications provider’s stock.

UTStarcom Trading Down 0.4 %

UTSI stock opened at $2.65 on Friday. The business’s fifty day moving average price is $2.70 and its two-hundred day moving average price is $2.83. UTStarcom has a fifty-two week low of $2.20 and a fifty-two week high of $4.15.

UTStarcom Company Profile

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.