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

StockNews.com began coverage on shares of UTStarcom (NASDAQ:UTSI) in a research note released on Saturday morning. The brokerage issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Price Performance

Shares of NASDAQ UTSI opened at $2.84 on Friday. The business has a 50 day simple moving average of $2.85 and a 200 day simple moving average of $2.76. UTStarcom has a 52 week low of $2.20 and a 52 week high of $3.74.

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.