StockNews.com Begins Coverage on UTStarcom (NASDAQ:UTSI)

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

UTStarcom Stock Down 1.0 %

Shares of UTSI stock opened at $2.84 on Friday. UTStarcom has a one year low of $2.20 and a one year high of $3.74. The stock has a fifty day moving average price of $2.85 and a 200 day moving average price of $2.76.

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.