UTStarcom (NASDAQ:UTSI) Earns Sell Rating from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of UTStarcom (NASDAQ:UTSI) in a research note issued on Tuesday. The firm set a “sell” rating on the Wireless communications provider’s stock.

UTStarcom Price Performance

NASDAQ UTSI opened at $3.00 on Tuesday. UTStarcom has a 1-year low of $2.20 and a 1-year high of $3.75. The stock has a 50-day moving average of $2.77 and a 200-day moving average of $2.72.

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.