UTStarcom (NASDAQ:UTSI) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of UTStarcom (NASDAQ:UTSI) in a report issued on Saturday morning. The brokerage issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Price Performance

NASDAQ UTSI opened at $2.84 on Friday. UTStarcom has a fifty-two week low of $2.20 and a fifty-two week high of $3.74. The stock’s fifty day moving average is $2.85 and its two-hundred day moving average is $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.