UTStarcom (NASDAQ:UTSI) Stock Passes Above 200 Day Moving Average – Should You Sell?

UTStarcom Holdings Corp. (NASDAQ:UTSIGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.73 and traded as high as $2.92. UTStarcom shares last traded at $2.80, with a volume of 17,603 shares traded.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of UTStarcom in a research note on Wednesday. They issued a “sell” rating for the company.

Get Our Latest Analysis on UTSI

UTStarcom Stock Performance

The firm’s 50 day moving average is $2.79 and its 200 day moving average is $2.73.

UTStarcom Company Profile

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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.

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