News coverage about UTStarcom (NASDAQ:UTSI) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UTStarcom earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the Wireless communications provider an impact score of 46.3570710615645 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
UTSI stock traded up $0.01 during trading hours on Wednesday, hitting $5.36. 33,700 shares of the stock were exchanged, compared to its average volume of 111,089. UTStarcom has a 12 month low of $1.80 and a 12 month high of $6.51. The company has a market cap of $188.59, a price-to-earnings ratio of 266.00 and a beta of 0.17.
UTStarcom (NASDAQ:UTSI) last posted its quarterly earnings data on Friday, March 9th. The Wireless communications provider reported ($0.09) EPS for the quarter. The firm had revenue of $18.24 million for the quarter, compared to the consensus estimate of $28.00 million.
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UTStarcom Holdings Corp. provides broadband products, solution and services. The Company delivers broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. Its segments include Equipment, which is focused on its equipment sales, including network infrastructure and application products, and Services, which is engaged in providing services and support of its equipment products and also the new operational support segment.
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