UTStarcom Holdings Corp (UTSI) Receiving Somewhat Positive Press Coverage, Report Shows

Headlines about UTStarcom Holdings Corp (NASDAQ:UTSI) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UTStarcom Holdings Corp earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news headlines about the Wireless communications provider an impact score of 46.07565777185 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of UTStarcom Holdings Corp (NASDAQ:UTSI) opened at $3.17 on Tuesday. The stock has a market capitalization of $118.30, a price-to-earnings ratio of 159.00 and a beta of -0.25. UTStarcom Holdings Corp has a one year low of $1.66 and a one year high of $3.22.

Several analysts have issued reports on the company. Zacks Investment Research lowered UTStarcom Holdings Corp from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. ValuEngine upgraded UTStarcom Holdings Corp from a “sell” rating to a “hold” rating in a research note on Friday, September 15th.

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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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