UTStarcom (NASDAQ:UTSI) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of UTStarcom (NASDAQ:UTSIFree Report) in a report issued on Wednesday morning. The firm issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Trading Up 5.5 %

Shares of NASDAQ:UTSI opened at $2.69 on Wednesday. The business’s 50 day simple moving average is $2.70 and its two-hundred day simple moving average is $2.87. UTStarcom has a 52-week low of $2.20 and a 52-week high of $4.15.

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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