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

Equities researchers at StockNews.com began coverage on shares of UTStarcom (NASDAQ:UTSI) in a research report issued to clients and investors on Wednesday. The brokerage set a “sell” rating on the Wireless communications provider’s stock.

UTStarcom Stock Performance

Shares of UTSI opened at $2.73 on Wednesday. The stock’s fifty day moving average price is $2.74 and its two-hundred day moving average price is $3.11. UTStarcom has a 1 year low of $2.40 and a 1 year high of $4.15.

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.