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

StockNews.com started coverage on shares of UTStarcom (NASDAQ:UTSI) in a research report report published on Sunday. The firm issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Stock Down 3.7 %

UTSI stock opened at $2.88 on Friday. UTStarcom has a one year low of $2.20 and a one year high of $3.79. The firm’s 50 day moving average price is $2.75 and its 200-day moving average price is $2.71.

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.