A report released today by Zacks Investment Research about UTStarcom Holdings Corp (NASDAQ:UTSI) raises the target price to $2.50
- Updated: September 17, 2016
Reporting a possible upside of 0.23%, Zacks Investment Research raised the estimated target of UTStarcom Holdings Corp (NASDAQ:UTSI) to $3.
Previously on 8/31/2015, Northland Capital released a statement on UTStarcom Holdings Corp(NASDAQ:UTSI) bumped the target price from $0.00 to $2.00. At the time, this suggested an upside of 0.04%.
Showing a price of $2.03, UTStarcom Holdings Corp (NASDAQ:UTSI) traded 1.00% higher on the day. The last stock close is up 1.50% relative to the 200-day average, compared to the S&P 500 which has fallen -0.01% over the same period. UTSI has logged a 50-day moving average of $2.03 and 200-day average of $1.99. Volume of trade was was down over the average, with 45,096 shares of UTSI changing hands under the typical 47,505 shares.
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UTStarcom Holdings Corp has a 52 week low of $1.59 and a one-year high of $2.92 and has a market capitalization of $0.0.
General Information About UTStarcom Holdings Corp (NASDAQ:UTSI)
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. The broadband product lines include family of packet transport network (PTN) products based on multi-protocol label switch transport profile (MPLS-TP) and carrier Ethernet (CE) technologies enhanced through in-house software-defined networking (SDN) platform to support the network evolution, and and multi services access network (MSAN) platform. Wireless broadband access is represented by end-to-end Carrier Wi-Fi solution.
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