Straight Path Communications (NASDAQ:STRP) Director William F. Weld sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, October 14th. The stock was sold at an average price of $30.90, for a total value of $61,800.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Straight Path Communications (NASDAQ:STRP) opened at 30.08 on Tuesday. Straight Path Communications has a 52 week low of $7.62 and a 52 week high of $50.00. The stock’s market cap is $365.08 million. The stock’s 50 day moving average price is $25.47 and its 200 day moving average price is $28.50.

Straight Path Communications Company Profile

Straight Path Communications Inc is a communications asset company. The Company’s businesses consist of interest in Straight Path Spectrum, Inc (Straight Path Spectrum) and Straight Path IP Group, Inc (Straight Path IP Group). The Company has two business segments: Straight Path Spectrum, which holds, leases and sells fixed wireless spectrum, and Straight Path IP Group, which holds intellectual property primarily related to communications over the Internet and the licensing and other businesses related to this intellectual property.

5 Day Chart for NASDAQ:STRP

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