UTStarcom (NASDAQ:UTSI) Stock Crosses Above 200 Day Moving Average of $3.51

UTStarcom Holdings Corp. (NASDAQ:UTSIGet Rating)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.51 and traded as high as $4.42. UTStarcom shares last traded at $3.57, with a volume of 13,305 shares trading hands.

Analyst Ratings Changes

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

UTStarcom Trading Down 11.9 %

The business has a fifty day moving average price of $3.76 and a 200-day moving average price of $3.51.

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, Taiwan, and internationally. The company's products include 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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