UTStarcom (NASDAQ:UTSI) Coverage Initiated at StockNews.com

Posted by on Oct 5th, 2024

StockNews.com initiated coverage on shares of UTStarcom (NASDAQ:UTSI – Free Report) in a research note issued to investors on Tuesday morning. The brokerage issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Stock Down 0.3 %

NASDAQ:UTSI opened at $2.99 on Tuesday. The firm’s 50 day moving average is $2.79 and its 200 day moving average is $2.73. UTStarcom has a 12 month low of $2.20 and a 12 month high of $3.75.

About UTStarcom

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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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