UTStarcom - UTSI Stock Forecast, Price & News

UTStarcom's stock was trading at $3.48 at the beginning of 2022. Since then, UTSI stock has increased by 35.4% and is now trading at $4.7105.
View the best growth stocks for 2022 here.

UTStarcom saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 600 shares, an increase of 20.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 9,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
View UTStarcom's Short Interest.

UTStarcom Holdings Corp. (NASDAQ:UTSI) released its quarterly earnings data on Friday, March, 27th. The Wireless communications provider reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by $0.28. The Wireless communications provider had revenue of $14.18 million for the quarter, compared to analysts' expectations of $13.50 million.

UTStarcom's stock reverse split before market open on Wednesday, June 29th 2022. The 1-4 reverse split was announced on Wednesday, June 29th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 29th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

6 employees have rated UTStarcom Chief Executive Officer William Wong on Glassdoor.com. William Wong has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP), Visa (V), Fortive (FTV), Lowe's Companies (LOW), Advanced Micro Devices (AMD), HP (HPQ), Inovio Pharmaceuticals (INO), Sierra Oncology (SRRA), Viveve Medical (VIVE) and Ampio Pharmaceuticals (AMPE).

UTStarcom trades on the NASDAQ under the ticker symbol "UTSI."

UTStarcom's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (2.99%).
View institutional ownership trends.

Shares of UTSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of UTSI stock can currently be purchased for approximately $4.71.

UTStarcom (NASDAQ:UTSI) has a market capitalization of $42.54 million and generates $15.92 million in revenue each year.

The company employs 299 workers across the globe.

UTStarcom's mailing address is 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053. The official website for the company is www.utstar.com. The Wireless communications provider can be reached via phone at 8657181928888, via email at ir@utstar.com, or via fax at 86-571-8192-0123.