TheStreet upgraded UTStarcom Holdings Corp (NASDAQ:UTSI) to Hold in a report released today.
- Updated: September 16, 2016
TheStreet has upgraded UTStarcom Holdings Corp(NASDAQ:UTSI) to Hold in a statement released on 9/09/2016.
On Friday August 19 2016, Zacks Investment Research released a statement on UTStarcom Holdings Corp(NASDAQ:UTSI) raised the target price from $0.00 to $2.50. At the time, this indicated a possible upside of 0.23%.
Boasting a price of $2.06, UTStarcom Holdings Corp (NASDAQ:UTSI) traded 1.00% higher on the day. The last stock price close is up 1.50% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. The company has registered a 50-day moving average of $2.03 and two hundred day moving average of $1.99. 45,096 shares of the stock exchanged hands, down from ann avg. trading volume of 47,505
UTStarcom Holdings Corp has a 52 week low of $1.59 and a 52 week high of $2.92 . The company’s total market value is presently $0.0.
Brief Synopsis 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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