UTStarcom Holdings Corp (NASDAQ:UTSI – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.47 and traded as high as $2.67. UTStarcom shares last traded at $2.63, with a volume of 4,321 shares traded.
UTStarcom Price Performance
The stock has a 50 day simple moving average of $2.49 and a 200 day simple moving average of $2.47.
UTStarcom (NASDAQ:UTSI – Get Free Report) last announced its quarterly earnings results on Tuesday, March 24th. The Wireless communications provider reported ($0.23) EPS for the quarter. The business had revenue of $2.17 million during the quarter.
About UTStarcom
UTStarcom, Inc (NASDAQ: UTSI) is a global provider of broadband networking and telecommunication solutions. Its product portfolio includes carrier-grade packet optical transport systems, microwave transmission equipment, mobile access radios, small cells and related software platforms. The company serves telecommunications carriers, internet service providers, enterprise networks and government agencies with end-to-end infrastructure designed to support 4G and 5G deployments, fixed broadband access and intelligent connectivity applications.
Founded in 1991, UTStarcom established its reputation in the late 1990s and early 2000s by supplying digital subscriber line access multiplexers (DSLAMs) and broadband routers to operators worldwide.
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