DASAN Zhone Solutions Inc (NASDAQ:DZSI) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Zhone Technologies is developing the industry’s first complete line of telecommunications infrastructure products for the local access network. Zhone’s products bring end-to-end integration and management to the local loop – from the core to the subscriber’s premises – making it possible for carriers and service providers to offer a full suite of managed services while optimizing bandwidth, reducing costs, and speeding up provisioning. Zhone is making the local access network reliable, manageable, and cost effective. “

DASAN Zhone Solutions (NASDAQ:DZSI) traded up 2.80% on Wednesday, reaching $1.10. The company had a trading volume of 84,115 shares. DASAN Zhone Solutions has a 1-year low of $0.91 and a 1-year high of $2.00. The stock’s 50 day moving average is $1.15 and its 200-day moving average is $1.22.

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DASAN Zhone Solutions Company Profile

DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.

5 Day Chart for NASDAQ:DZSI

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