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 Monday morning. The brokerage issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Price Performance

Shares of UTSI stock opened at $3.00 on Monday. UTStarcom has a 12-month low of $2.20 and a 12-month high of $3.79. The firm has a fifty day moving average of $2.76 and a 200-day moving average of $2.72.

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.