UTStarcom Stock Forecast, Price & News

Wall Street analysts have given UTStarcom a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but UTStarcom wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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UTStarcom saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 17,100 shares, a decline of 57.3% from the August 15th total of 40,000 shares. Based on an average daily trading volume, of 159,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.
View UTStarcom's Short Interest.

UTStarcom Holdings Corp. (NASDAQ:UTSI) announced its quarterly earnings results on Friday, March, 27th. The Wireless communications provider reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.07. The Wireless communications provider had revenue of $14.18 million for the quarter, compared to the consensus estimate of $13.50 million.
View UTStarcom's earnings history.

UTStarcom's stock was trading at $2.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, UTSI shares have decreased by 45.8% and is now trading at $1.30.
View which stocks have been most impacted by COVID-19.

6 employees have rated UTStarcom CEO William Wong on Glassdoor.com. William Wong has an approval rating of 89% among UTStarcom's employees.

Some companies that are related to UTStarcom include Ealixir (EAXR), COMSovereign (COMS), Magal Security Systems (MAGS), Vislink Technologies (VISL), George Risk Industries (RSKIA), Wireless Telecom Group (WTT), ALR Technologies (ALRT), AmpliTech Group (AMPG), Track Group (TRCK), The Coretec Group (CRTG), True Nature (TNTY), Electronic Control Security (EKCS), Ability (ABILF), Vicon Industries (VCON) and 5Barz International (BARZ).
View all of UTSI's competitors.

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 number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.50%), Geode Capital Management LLC (0.14%), Citadel Advisors LLC (0.05%), Simplex Trading LLC (0.00%) and Cutler Group LP (0.00%).
View institutional ownership trends for UTStarcom.

UTSI stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Geode Capital Management LLC, Renaissance Technologies LLC, and Cutler Group LP.
View insider buying and selling activity for UTStarcom or view top insider-selling stocks.

UTSI stock was acquired by a variety of institutional investors in the last quarter, including Simplex Trading LLC.
View insider buying and selling activity for UTStarcom or or view top insider-buying stocks.

Shares of UTSI 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.
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One share of UTSI stock can currently be purchased for approximately $1.30.

UTStarcom has a market capitalization of $46.67 million and generates $24.31 million in revenue each year.

UTStarcom employs 299 workers across the globe.

The official website for UTStarcom is www.utstar.com.

UTStarcom is headquartered at 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053.

UTStarcom's mailing address is 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053. The Wireless communications provider can be reached via phone at 8657181928888 or via email at [email protected]