UTStarcom’s (UTSI) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of UTStarcom (NASDAQ:UTSI) in a research note published on Friday,Weiss Ratings reports.

UTStarcom Price Performance

Shares of NASDAQ:UTSI opened at $2.50 on Friday. The stock’s 50-day simple moving average is $2.43 and its two-hundred day simple moving average is $2.47. UTStarcom has a 52-week low of $1.84 and a 52-week high of $3.22.

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.