UTStarcom (UTSI, Financial) experienced a notable stock price increase of 5.56%, reaching $2.85 per share. The trading volume was 1,857 shares with a turnover rate of 0.02% and a price fluctuation of 2.22%. Recent financial reports show a revenue of $5.72 million, a net loss of $2.02 million, and an earnings per share of -$0.22, resulting in a P/E ratio of -6.36. Currently, there are no institutional ratings for the stock.
In the telecommunications sector, where UTStarcom operates, the overall decline was 0.49%. Other stocks in the sector, such as ClearOne Communications and Actelis Networks, Inc., showed significant gains. Actelis Networks, Inc., Amplitech Group, Inc., and Siyata Mobile, Inc. were notably active with high turnover rates, and ClearOne Communications had the largest price fluctuation.
UTStarcom is a telecom infrastructure provider, offering cloud-based, mobile, and streaming bandwidth technologies. It operates across China, India, Japan, Taiwan, and other regions.
