UTStarcom Holdings Corp (NASDAQ:UTSI – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.54 and traded as high as $2.75. UTStarcom shares last traded at $2.60, with a volume of 18,040 shares.
Wall Street Analyst Weigh In
Separately, Wall Street Zen initiated coverage on shares of UTStarcom in a report on Wednesday, May 21st. They issued a “sell” rating for the company.
View Our Latest Analysis on UTStarcom
UTStarcom Stock Performance
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.
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