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

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

UTStarcom Stock Down 3.4 %

Shares of UTSI stock opened at $2.80 on Wednesday. The firm’s 50-day moving average is $2.79 and its 200-day moving average is $2.73. UTStarcom has a 52-week low of $2.20 and a 52-week high of $3.75.

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.