UTStarcom (NASDAQ:UTSI) Now Covered by Analysts at StockNews.com

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

UTStarcom Trading Down 10.6 %

Shares of NASDAQ:UTSI opened at $2.54 on Thursday. The firm has a fifty day moving average of $2.71 and a 200 day moving average of $2.85. UTStarcom has a 52-week low of $2.20 and a 52-week high of $4.15.

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.