News stories about UTStarcom (NASDAQ:UTSI) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. UTStarcom earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news articles about the Wireless communications provider an impact score of 46.7588891404378 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
NASDAQ UTSI traded down $0.02 on Monday, hitting $4.97. 13,014 shares of the stock were exchanged, compared to its average volume of 95,634. UTStarcom has a 52-week low of $1.94 and a 52-week high of $6.51.
UTStarcom (NASDAQ:UTSI) last posted its quarterly earnings data on Friday, March 9th. The Wireless communications provider reported ($0.09) earnings per share for the quarter. The business had revenue of $18.24 million for the quarter, compared to analysts’ expectations of $28.00 million.
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UTStarcom Company Profile
UTStarcom Holdings Corp., together with its subsidiaries, operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The company offers broadband packet optical transport and wireless/fixed-line access products and solutions.
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