1 week Ago By Defense World Staff
Research analysts at StockNews.com started coverage on shares of UTStarcom ( NASDAQ:UTSI – Get Free Report ) in a report issued on Sunday. The brokerage set a “sell” rating on the Wireless communications provider’s stock.
UTStarcom Trading Down 4.9 % UTSI stock opened at $2.74 on Friday.
The firm has a 50-day moving average of $2.76 and a two-hundred day moving average of $2.77.
UTStarcom has a 12 month low of $2.20 and a 12 month high of $3.43.
Hedge Funds Weigh In On UTStarcom A hedge fund recently bought a new stake in UTStarcom stock. Garden State Investment Advisory Services LLC bought a new stake in UTStarcom Holdings Corp. ( NASDAQ:UTSI – Free Report ) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The fund bought 256,341 shares of the Wireless communications provider’s stock, valued at approximately $795,000. Garden State Investment Advisory Services LLC owned 2.72% of UTStarcom as of its most recent SEC filing.
1.83% of the stock is owned by institutional investors. UTStarcom Company Profile 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. Read More Five stocks we like better than UTStarcom Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Quantum Opportunity: Skywater Technology’s Long-Term Potential Stock Average Calculator Nebius Group: The Rising Star in AI Infrastructure Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness MarketBeat Week in Review – 12/30 – 1/03 Receive News & Ratings for UTStarcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UTStarcom and related companies with MarketBeat.
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