UTStarcom Holdings Corp. (NASDAQ:UTSI) Upward Momentum Touches New Heights

Shares of UTStarcom Holdings Corp. (NASDAQ:UTSI) have shifted north recently, touching a new 52-week high. A recent bid put the stock price near $5.55. The stock has moved 12.47% over the last 5 sessions.Since the start of the calendar year, UTStarcom Holdings Corp. (NASDAQ:UTSI)’s stock has changed 175.00%. Over the last five trading sessions, the stock has moved 12.47%. For the past month, UTStarcom Holdings Corp.’s stock has been 70.81%, 152.29% for the last quarter, 137.07% for the past six months and 172.28% for the past 52 weeks.

Based on current stock levels, UTStarcom Holdings Corp. shares are trading 0.91% off of the 50-day high and 147.77% away from the 50-day low.

EPS Watch

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a useful indicator of a company’s profitability. EPS is typically considered to be the most important variable in determining a share’s price. UTStarcom Holdings Corp. (NASDAQ:UTSI)’s EPS growth this year is 101.10% and the trailing 12-month EPS is $0.03. Covering sell-side analysts are estimating company growth for next year to be 25.00%. On a consensus basis, analysts have given a recommendation of 2.00 on company shares.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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