News headlines about UTStarcom Holdings Corp (NASDAQ:UTSI) have been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. UTStarcom Holdings Corp earned a coverage optimism score of -0.03 on Accern’s scale. Accern also gave news stories about the Wireless communications provider an impact score of 46.0188891491221 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of analysts have commented on UTSI shares. Zacks Investment Research lowered shares of UTStarcom Holdings Corp from a “buy” rating to a “hold” rating in a report on Friday, July 14th. TheStreet raised shares of UTStarcom Holdings Corp from a “d” rating to a “c-” rating in a report on Monday, April 17th. Finally, ValuEngine raised shares of UTStarcom Holdings Corp from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th.
UTStarcom Holdings Corp (UTSI) traded up 0.95% during mid-day trading on Tuesday, reaching $2.12. 5,656 shares of the company’s stock were exchanged. The firm has a market cap of $75.02 million, a price-to-earnings ratio of 75.71 and a beta of -0.34. UTStarcom Holdings Corp has a 12 month low of $1.60 and a 12 month high of $2.40. The stock has a 50-day moving average of $2.22 and a 200-day moving average of $2.02.
UTStarcom Holdings Corp Company Profile
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.
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