UTSI - UTスタ―コム・ホ―ルディングス （UTStarcom Holdings Corp）

Gainers: Soluna (SLNH) +16%. UTStarcom (UTSI) +14%

UTStarcom press release (UTSI): 1H GAAP EPS of -$0.19.Revenue of $7.5M (-13.8% Y/Y).

UTStarcom (UTSI) appoints Mr. Dan (Danjun) Xie as CFO, Ms. Lingrong Lu as Chief Technology Officer and Ms. Ellen (Yinghua) Chen as Chief Human Resources Officer, effective September…

HANGZHOU, China, Sept. 02, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the six months ended June 30, 2022, and provided a business update.

Nasdaq notified UTStarcom (UTSI) that it will regain compliance with Listing Rule as the stock has been at $1/share or greater for the past 10 consecutive business days.

Gainers: Soluna (SLNH) +16%. UTStarcom (UTSI) +14%

UTStarcom press release (UTSI): 1H GAAP EPS of -$0.19.Revenue of $7.5M (-13.8% Y/Y).

UTStarcom (UTSI) appoints Mr. Dan (Danjun) Xie as CFO, Ms. Lingrong Lu as Chief Technology Officer and Ms. Ellen (Yinghua) Chen as Chief Human Resources Officer, effective September…

HANGZHOU, China, Sept. 02, 2022 (GLOBE NEWSWIRE) -- UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the six months ended June 30, 2022, and provided a business update.

Nasdaq notified UTStarcom (UTSI) that it will regain compliance with Listing Rule as the stock has been at $1/share or greater for the past 10 consecutive business days.

UTStarcom press release (UTSI): FY GAAP EPS of -$0.17.Revenue of $15.92M (-34.5% Y/Y).

UTStarcom (UTSI) received a delinquency letter from the Nasdaq Listing Qualifications department which indicates that the company is currently not in compliance with the minimum bid

UTStarcom Holdings Corp (UTSI) shares closed today 10.3% higher than it did at the end of yesterday. The stock is currently up 6.0% year-to-date, down 43.4% over the past 12 months, and down 53.4% over the past five years. Today, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.9%. Trading Activity Shares traded as high as $0.99 and as low as $0.80 this week.Shares closed 60.6% below its 52-week high and 22.7% above its 52-week low.Trading volume this week was 34.8% lower than the 10-day average and 67.0% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Information Technology industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -305.1% The company's stock price performance over the past 12 months lags the peer average by -257.5% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

UTStarcom Holdings Corp (UTSI) shares closed today at 0.5% above its 52 week low of $0.82, giving the company a market cap of $29M. The stock is currently down 40.6% year-to-date, down 42.3% over the past 12 months, and down 58.0% over the past five years. This week, the Dow Jones Industrial Average rose 2.6%, and the S&P 500 rose 3.0%. Trading Activity Trading volume this week was 137.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -198.6% The company's stock price performance over the past 12 months lags the peer average by -216.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

UTStarcom Holdings Corp. (NASDAQ:UTSI) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $0.99. UTStarcom shares last traded at $0.93, with a volume of 23,492 shares trading hands. The companys 50 day simple moving average is $1.14. An institutional []