UTStarcom (NASDAQ:UTSI) Research Coverage Started at StockNews.com

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

UTStarcom Stock Performance

Shares of UTSI stock opened at $4.83 on Tuesday. The firm’s 50 day moving average is $4.29 and its 200 day moving average is $3.93. UTStarcom has a 12 month low of $2.44 and a 12 month high of $5.00.

About UTStarcom

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UTStarcom Holdings Corp. is a telecom infrastructure company, which develops technology for cloud-based services, mobile, streaming, and other applications. It operates through the following segments: Equipment, and Services. The Equipment segment focuses on equipment sales including network infrastructure and application products, which include broadband products, wireless infrastructure technologies.