Straight Path Communications Inc (NYSEMKT:STRP) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Tuesday.

Shares of Straight Path Communications (NYSEMKT STRP) opened at 179.25 on Tuesday. The company has a 50 day moving average of $179.16 and a 200-day moving average of $140.62. Straight Path Communications has a 12-month low of $21.08 and a 12-month high of $235.88. The firm’s market cap is $2.28 billion.

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About Straight Path Communications

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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