Straight Path Communications Stock Price, News & Analysis (NYSEAMERICAN:STRP)

$181.30 -0.55 (-0.30 %)
(As of 12/17/2017 04:00 PM ET)
Previous Close$181.30
Today's Range$181.20 - $182.70
52-Week Range$26.89 - $235.88
Volume246,573 shs
Average Volume65,633 shs
Market Capitalization$2.31 billion
P/E RatioN/A
Dividend YieldN/A
Beta-1.89

About Straight Path Communications (NYSEAMERICAN:STRP)

Straight Path Communications logoStraight 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. The Company holds a range of licenses for fixed and mobile wireless spectrum in the United States. These include licenses in the 39 gigahertz (38.6-40 gigahertz) band and the 28 gigahertz (27.5-28.35 gigahertz) portion of the local multipoint distribution service (LMDS) band. The Company also holds licenses for fixed wireless spectrum in other parts of the LMDS band. Straight Path Ventures is engaged in developing wireless technology. The Straight Path IP Group's principal business is the acquisition, development, licensing and protection of intellectual property.

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Industry, Sector and Symbol

Industry Wireless Telecommunications Services
Sub-IndustryN/A
SectorWireless Telecommunications Services - NEC
SymbolNYSEAMERICAN:STRP
CUSIPN/A
Phone+1-804-4331522

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS($4.46)
Net IncomeN/A
Net Margins-5,646.11%
Return on EquityN/A
Return on Assets-230.63%

Miscellaneous

EmployeesN/A
Outstanding Shares11,980,000

Straight Path Communications (NYSEAMERICAN:STRP) Frequently Asked Questions

What is Straight Path Communications' stock symbol?

Straight Path Communications trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "STRP."

How were Straight Path Communications' earnings last quarter?

Straight Path Communications Inc (NYSEAMERICAN:STRP) announced its quarterly earnings results on Thursday, June, 9th. The technology company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.08. The technology company earned $0.22 million during the quarter, compared to analysts' expectations of $0.13 million. View Straight Path Communications' Earnings History.

When will Straight Path Communications make its next earnings announcement?

Straight Path Communications is scheduled to release their next quarterly earnings announcement on Monday, December, 18th 2017. View Earnings Estimates for Straight Path Communications.

Are investors shorting Straight Path Communications?

Straight Path Communications saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,146,191 shares, an increase of 4.3% from the November 15th total of 1,098,938 shares. Based on an average daily trading volume, of 62,330 shares, the days-to-cover ratio is currently 18.4 days. Approximately 16.9% of the company's shares are sold short.

Who are some of Straight Path Communications' key competitors?

Who are Straight Path Communications' key executives?

Straight Path Communications' management team includes the folowing people:

  • Davidi Jonas, Chairman of the Board, President, Chief Executive Officer (Age 30)
  • Jonathan Rand, Chief Financial Officer (Age 54)
  • Zhouyue Pi, Chief Technology Officer (Age 29)
  • David L. Breau, General Counsel (Age 41)
  • K. Chris Todd, Independent Director (Age 71)
  • William F. Weld, Independent Director (Age 71)
  • Fred S. Zeidman, Independent Director (Age 70)

Who owns Straight Path Communications stock?

Straight Path Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alpine Associates Management Inc. (2.19%), Cowen Inc. (1.54%), California State Teachers Retirement System (0.13%), Jane Street Group LLC (0.02%) and GSA Capital Partners LLP (0.01%). Company insiders that own Straight Path Communications stock include David L Breau, Davidi Jonas, Fred S Zeidman, Howard S Jonas, Jonathan Rand, K Chris Todd, Lloyd I Miller III, William F Weld and Zhouyue Pi. View Institutional Ownership Trends for Straight Path Communications.

Who sold Straight Path Communications stock? Who is selling Straight Path Communications stock?

Straight Path Communications' stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC. Company insiders that have sold Straight Path Communications company stock in the last year include David L Breau, Davidi Jonas, Fred S Zeidman, Howard S Jonas, Jonathan Rand, K Chris Todd, Lloyd I Miller III and Zhouyue Pi. View Insider Buying and Selling for Straight Path Communications.

Who bought Straight Path Communications stock? Who is buying Straight Path Communications stock?

Straight Path Communications' stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Cowen Inc., GSA Capital Partners LLP and California State Teachers Retirement System. View Insider Buying and Selling for Straight Path Communications.

How do I buy Straight Path Communications stock?

Shares of Straight Path Communications can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Straight Path Communications' stock price today?

One share of Straight Path Communications stock can currently be purchased for approximately $181.30.

How big of a company is Straight Path Communications?

Straight Path Communications has a market capitalization of $2.31 billion.

How can I contact Straight Path Communications?

Straight Path Communications' mailing address is 5300 Hickory Park Dr Ste 218, GLEN ALLEN, VA 23059-2629, United States. The technology company can be reached via phone at +1-804-4331522.


MarketBeat Community Rating for Straight Path Communications (STRP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  40 (Vote Outperform)
Underperform Votes:  59 (Vote Underperform)
Total Votes:  99
MarketBeat's community ratings are surveys of what our community members think about Straight Path Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Straight Path Communications (NYSEAMERICAN:STRP) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Straight Path Communications (NYSEAMERICAN:STRP) Earnings History and Estimates Chart

Earnings by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)

Straight Path Communications (NYSEAMERICAN STRP) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/18/2017        
6/9/2017Q3 17($0.21)($0.49)$0.17 million$0.17 millionViewN/AView Earnings Details
12/12/2016Q117($0.11)($0.34)$0.14 million$0.16 millionViewN/AView Earnings Details
6/9/2016Q316($0.23)($0.15)$0.13 million$0.22 millionViewN/AView Earnings Details
3/11/2016Q216($0.07)($0.17)$1.70 millionViewListenView Earnings Details
12/10/2015Q116($0.04)($0.05)$4.80 million$1.70 millionViewListenView Earnings Details
10/15/2015Q415$0.01($0.02)$2.80 millionViewListenView Earnings Details
6/9/2015$0.01$0.07ViewN/AView Earnings Details
3/12/2015Q215$0.01($0.02)$2.70 million$2.80 millionViewN/AView Earnings Details
10/14/2014Q414$0.06$3.30 millionViewListenView Earnings Details
6/16/2014Q3 14$0.01ViewN/AView Earnings Details
12/16/2013Q3($0.04)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Straight Path Communications (NYSEAMERICAN:STRP) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Straight Path Communications (NYSEAMERICAN:STRP)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Straight Path Communications (NYSEAMERICAN STRP) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)
Institutional Ownership by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)

Straight Path Communications (NYSEAMERICAN STRP) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/23/2017Jonathan RandCFOSell300$181.58$54,474.00View SEC Filing  
10/19/2017David L BreauGeneral CounselSell3,994$181.47$724,791.18View SEC Filing  
10/19/2017Jonathan RandCFOSell4,513$181.51$819,154.63View SEC Filing  
10/18/2017Zhouyue PiInsiderSell16,978$181.43$3,080,318.54View SEC Filing  
10/17/2017Fred S ZeidmanDirectorSell15,000$181.43$2,721,450.00View SEC Filing  
10/13/2017Fred S ZeidmanDirectorSell3,000$181.47$544,410.00View SEC Filing  
7/27/2017Howard S JonasMajor ShareholderSell21,213$179.11$3,799,460.43View SEC Filing  
7/17/2017Howard S JonasMajor ShareholderSell145,579$179.32$26,105,226.28View SEC Filing  
7/13/2017Howard S JonasMajor ShareholderSell55,597$179.67$9,989,112.99View SEC Filing  
7/12/2017Jonathan RandCFOSell13,255$179.96$2,385,369.80View SEC Filing  
7/5/2017Davidi JonasCEOSell30,000$179.60$5,388,000.00View SEC Filing  
6/27/2017Jonathan RandCFOSell4,134$179.86$743,541.24View SEC Filing  
6/22/2017David L. BreauGeneral CounselSell575$179.53$103,229.75View SEC Filing  
6/21/2017David L BreauGeneral CounselSell1,935$179.85$348,009.75View SEC Filing  
6/19/2017Fred S. ZeidmanDirectorSell5,000$179.59$897,950.00View SEC Filing  
6/16/2017Howard S JonasMajor ShareholderSell84,523$179.51$15,172,723.73View SEC Filing  
6/15/2017Howard S JonasMajor ShareholderSell18,217$179.76$3,274,687.92View SEC Filing  
6/14/2017Davidi JonasCEOSell9,395$179.94$1,690,536.30View SEC Filing  
6/13/2017K Chris ToddDirectorSell24,000$180.09$4,322,160.00View SEC Filing  
6/13/2017Zhouyue PiInsiderSell21,139$179.68$3,798,255.52View SEC Filing  
4/10/2017Howard S JonasMajor ShareholderSell3,628$89.70$325,431.60View SEC Filing  
4/10/2017Zhouyue PiInsiderSell2,000$91.50$183,000.00View SEC Filing  
1/30/2017Lloyd I Miller IIIInsiderSell30,190$33.44$1,009,553.60View SEC Filing  
1/13/2017Lloyd I. Miller IIIMajor ShareholderSell50,000$44.00$2,200,000.00View SEC Filing  
1/12/2017Zhouyue PiInsiderSell1,000$51.00$51,000.00View SEC Filing  
10/19/2016David L BreauGeneral CounselSell857$29.96$25,675.72View SEC Filing  
10/14/2016William F. WeldDirectorSell2,000$30.90$61,800.00View SEC Filing  
5/9/2016Zhouyue PiCTOSell1,000$40.00$40,000.00View SEC Filing  
3/30/2016William F WeldDirectorSell5,333$29.57$157,696.81View SEC Filing  
3/22/2016William F WeldDirectorSell667$32.02$21,357.34View SEC Filing  
3/17/2016Jonathan RandCFOSell2,133$31.99$68,234.67View SEC Filing  
1/15/2016Lloyd I Miller IIIMajor ShareholderBuy52,200$12.63$659,286.00View SEC Filing  
1/14/2016Lloyd I Miller IIIMajor ShareholderBuy219$12.90$2,825.10View SEC Filing  
1/13/2016Lloyd I Miller IIIMajor ShareholderBuy18,781$13.19$247,721.39View SEC Filing  
9/24/2015Davidi JonasCEOSell6,000$40.00$240,000.00View SEC Filing  
9/10/2015Davidi JonasCEOSell9,000$33.33$299,970.00View SEC Filing  
3/17/2015William F WeldDirectorSell8,000$20.15$161,200.00View SEC Filing  
6/26/2014William F WeldDirectorSell9,250$9.79$90,557.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Straight Path Communications (NYSEAMERICAN STRP) News Headlines

Source:

SEC Filings

Straight Path Communications (NYSEAMERICAN:STRP) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Straight Path Communications (NYSEAMERICAN STRP) Stock Chart for Sunday, December, 17, 2017

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This page was last updated on 12/17/2017 by MarketBeat.com Staff

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