Wall Street Zen Begins Coverage on UTStarcom (NASDAQ:UTSI)

Equities researchers at Wall Street Zen assumed coverage on shares of UTStarcom (NASDAQ:UTSI) in a report released on Wednesday. The firm set a “sell” rating on the Wireless communications provider’s stock.

UTStarcom Stock Performance

NASDAQ:UTSI opened at $2.59 on Wednesday. UTStarcom has a one year low of $1.84 and a one year high of $3.22. The business has a fifty day moving average price of $2.46 and a 200-day moving average price of $2.61.

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.