NASDAQ:UTSI

UTStarcom - UTSI Stock Forecast, Price & News

$3.70

+0.12 (+3.35%)

(As of 08/16/2022 12:00 AM ET)

Add

Compare

Today's Range: $3.49
▼
$3.76
50-Day Range: $2.96
▼
$14.44
52-Week Range: $2.44
▼
$5.40

Volume: 1,973 shs
Average Volume: 5,127 shs
Market Capitalization: $33.43 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About UTStarcom (NASDAQ:UTSI) Stock

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, Taiwan, and internationally. The company's products include packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products. It serves telecommunications and cable service providers. The company was founded in 1991 and is based in Hangzhou, the People's Republic of China.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on UTStarcom in a report on Tuesday, August 9th. They set a "sell" rating for the company.

UTStarcom Price Performance

Shares of UTSI Stock traded up $0.33 on Tuesday, hitting $3.91. 1 shares of the company's stock traded hands, compared to its average volume of 5,135. The company's fifty day simple moving average is $3.68 and its 200 day simple moving average is $3.28. UTStarcom has a one year low of $2.44 and a one year high of $5.40.

Receive UTSI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for UTStarcom and its competitors with MarketBeat's FREE daily newsletter.

UTSI Stock News Headlines

August 13, 2022 | reuters.com

UTStarcom Holdings Corp

August 10, 2022 | americanbankingnews.com

UTStarcom (NASDAQ:UTSI) Receives New Coverage from Analysts at StockNews.com

August 3, 2022 | americanbankingnews.com

StockNews.com Initiates Coverage on UTStarcom (NASDAQ:UTSI)

July 29, 2022 | finance.yahoo.com

UTStarcom Launches the SkyFlux UAR Disaggregated Router Platform

July 26, 2022 | americanbankingnews.com

UTStarcom (NASDAQ:UTSI) Now Covered by StockNews.com

July 15, 2022 | finance.yahoo.com

UTStarcom Regains NASDAQ Listing Compliance

June 30, 2022 | finance.yahoo.com

UTStarcom Wins Disaggregated Platform Design Services RFP from China Telecom Research Institute

June 29, 2022 | finanznachrichten.de

UTStarcom Holdings Corp.: UTStarcom Announces Results of Extraordinary Meeting of Shareholders and Effectiveness of One-for-Four Reverse Share Split

June 28, 2022 | finance.yahoo.com

UTStarcom Announces Results of Extraordinary Meeting of Shareholders and Effectiveness of One-for-Four Reverse Share Split

June 8, 2022 | uk.investing.com

79 Biggest Movers From Yesterday By Benzinga - Investing.com UK

May 31, 2022 | uk.investing.com

70 Biggest Movers From Friday By Benzinga - Investing.com UK

May 27, 2022 | finance.yahoo.com

UTStarcom Reschedules Extraordinary General Meeting of Shareholders to June 28 and Releases Proxy Statement - Yahoo Finance

May 27, 2022 | finance.yahoo.com

UTStarcom Reschedules Extraordinary General Meeting of Shareholders to June 28 and Releases Proxy Statement

May 18, 2022 | globenewswire.com

UTStarcom Announces Date for Extraordinary General Meeting to Approve Reverse Share Split - GlobeNewswire

May 14, 2022 | uk.finance.yahoo.com

UTStarcom Holdings Corp. (UTSI)

May 12, 2022 | finance.yahoo.com

BEST Inc. Announces Changes to its Board of Directors - Yahoo Finance

April 27, 2022 | streetinsider.com

UTStarcom Files 2021 Form 20-F - StreetInsider.com

April 26, 2022 | finance.yahoo.com

UTStarcom Files 2021 Form 20-F

March 24, 2022 | globenewswire.com

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2021 - GlobeNewswire

March 24, 2022 | seekingalpha.com

UTStarcom GAAP EPS of -$0.17, revenue of $15.92M (NASDAQ:UTSI) - Seeking Alpha

March 24, 2022 | finance.yahoo.com

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2021 - Yahoo Finance

March 24, 2022 | finance.yahoo.com

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2021

January 28, 2022 | globenewswire.com

UTStarcom Receives Nasdaq Notice Regarding Minimum Bid Price Requirements - GlobeNewswire

January 28, 2022 | seekingalpha.com

UTStarcom receives Nasdaq notice for minimum bid price requirement - Seeking Alpha

January 28, 2022 | finance.yahoo.com

UTStarcom Receives Nasdaq Notice Regarding Minimum Bid Price Requirements

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive UTSI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for UTStarcom and its competitors with MarketBeat's FREE daily newsletter.

UTSI Company Calendar

Last Earnings: 3/27/2020
Today: 8/16/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communications equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:UTSI
CUSIP: N/A
CIK: 1030471
Web: www.utstar.com
Phone: 8657181928888
Fax: 86-571-8192-0123
Employees: 299
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.76
Quick Ratio: 2.72

Sales & Book Value

Annual Sales: $15.92 million
Price / Sales: 2.10
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.62 per share
Price / Book: 0.49

Miscellaneous

Outstanding Shares: 9,035,000
Free Float: 8,791,000
Market Cap: $33.43 million
Optionable: Optionable
Beta: 0.93

Key Executives

Mr. Hua Li (Age 38)
CEO & Director
Mr. Danjun Xie (Age 51)
VP of Global Fin.
Ms. Ellen Chen
VP of Global Human Resource & Admin.
Ms. Fei Wang (Age 44)
Director of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

Renaissance Technologies LLC
Sold 885,394 shares on 8/13/2022
Ownership: 3.241%

View All Insider Transactions
View All Institutional Transactions

UTSI Stock - Frequently Asked Questions

How have UTSI shares performed in 2022?: UTStarcom's stock was trading at $3.48 at the beginning of 2022. Since then, UTSI stock has increased by 6.3% and is now trading at $3.70.
View the best growth stocks for 2022 here.
How were UTStarcom's earnings last quarter?: 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 earned $14.18 million during the quarter, compared to analysts' expectations of $13.50 million.
When did UTStarcom's stock split?: UTStarcom's stock reverse split on the morning of 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 market closes 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.
What is William Wong's approval rating as UTStarcom's CEO?: 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.
What other stocks do shareholders of UTStarcom own?: 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).

What is UTStarcom's stock symbol?: UTStarcom trades on the NASDAQ under the ticker symbol "UTSI."
Who are UTStarcom's major shareholders?: UTStarcom's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.24%).
View institutional ownership trends.
How do I buy shares of UTStarcom?: 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.
What is UTStarcom's stock price today?: One share of UTSI stock can currently be purchased for approximately $3.70.
How much money does UTStarcom make?: UTStarcom (NASDAQ:UTSI) has a market capitalization of $33.43 million and generates $15.92 million in revenue each year.
How many employees does UTStarcom have?: The company employs 299 workers across the globe.
How can I contact UTStarcom?: 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.

This page (NASDAQ:UTSI) was last updated on 8/16/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here