UTStarcom (NASDAQ:UTSI) Share Price Crosses Above Two Hundred Day Moving Average of $2.72

UTStarcom Holdings Corp. (NASDAQ:UTSIGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.72 and traded as high as $2.80. UTStarcom shares last traded at $2.46, with a volume of 5,029 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com started coverage on UTStarcom in a report on Saturday. They set a “sell” rating for the company.

View Our Latest Report on UTSI

UTStarcom Price Performance

The company’s 50-day moving average price is $2.72 and its 200 day moving average price is $2.71.

UTStarcom Company Profile

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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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