StockNews.com Begins Coverage on UTStarcom (NASDAQ:UTSI)

Research analysts at StockNews.com started coverage on shares of UTStarcom (NASDAQ:UTSI) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the Wireless communications provider’s stock.

UTStarcom Trading Up 0.4%

UTSI opened at $2.61 on Tuesday. UTStarcom has a fifty-two week low of $1.84 and a fifty-two week high of $3.22. The firm’s fifty day moving average price is $2.43 and its two-hundred day moving average price is $2.61.

UTStarcom Company Profile

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.