UTStarcom (NASDAQ:UTSI) Earns Sell Rating from Analysts at StockNews.com

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

UTStarcom Stock Up 1.3 %

Shares of UTSI opened at $3.04 on Tuesday. The firm’s fifty day simple moving average is $2.77 and its two-hundred day simple moving average is $2.73. UTStarcom has a 12 month low of $2.20 and a 12 month high of $3.75.

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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