BidaskClub cut shares of Straight Path Communications Inc (NYSEMKT:STRP) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning.

Straight Path Communications (NYSEMKT STRP) opened at 182.17 on Tuesday. Straight Path Communications has a 52 week low of $21.85 and a 52 week high of $235.88. The firm’s market capitalization is $2.31 billion. The stock’s 50 day moving average price is $179.96 and its 200 day moving average price is $157.03.

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Straight Path Communications Company Profile

Straight Path Communications Inc is a communications asset company. The Company owns Straight Path Spectrum, Inc (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc (Straight Path IP Group). The Company’s segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.

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