UTStarcom Holdings Corp (UTSI) Upgraded at TheStreet

UTStarcom Holdings Corp (NASDAQ:UTSI) was upgraded by research analysts at TheStreet from a “d” rating to a “c-” rating in a research report issued to clients and investors on Monday, April 17th.

Separately, Zacks Investment Research raised UTStarcom Holdings Corp from a “sell” rating to a “hold” rating in a research report on Friday, January 6th.

UTStarcom Holdings Corp (NASDAQ:UTSI) traded up 2.39% on Monday, hitting $2.14. The company’s stock had a trading volume of 35,770 shares. UTStarcom Holdings Corp has a 1-year low of $1.60 and a 1-year high of $2.40. The company has a market capitalization of $75.73 million, a P/E ratio of 76.43 and a beta of -0.06. The company has a 50 day moving average price of $2.04 and a 200-day moving average price of $1.93.

TRADEMARK VIOLATION WARNING: This news story was first published by Community Financial News and is the sole property of of Community Financial News. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this news story can be read at https://www.com-unik.info/2017/05/20/utstarcom-holdings-corp-utsi-stock-rating-upgraded-by-thestreet-updated-updated-updated.html.

A hedge fund recently raised its stake in UTStarcom Holdings Corp stock. Renaissance Technologies LLC increased its position in shares of UTStarcom Holdings Corp (NASDAQ:UTSI) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 815,197 shares of the Wireless communications provider’s stock after buying an additional 30,600 shares during the period. Renaissance Technologies LLC owned 2.30% of UTStarcom Holdings Corp worth $1,630,000 at the end of the most recent reporting period. 24.75% of the stock is currently owned by institutional investors and hedge funds.

About UTStarcom Holdings Corp

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.

12 Month Chart for NASDAQ:UTSI

What are top analysts saying about UTStarcom Holdings Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for UTStarcom Holdings Corp and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit