Shares of UTStarcom Holdings Corp (NASDAQ:UTSI – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.48 and traded as high as $2.55. UTStarcom shares last traded at $2.4650, with a volume of 12,575 shares changing hands.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of UTStarcom in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, UTStarcom presently has an average rating of “Sell”.
View Our Latest Analysis on UTStarcom
UTStarcom Stock Down 4.1%
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.
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