Equities researchers at The Goldman Sachs Group assumed coverage on shares of Starry Group (NYSE:STRY – Get Rating) in a report released on Monday, The Fly reports. The firm set a “buy” rating on the stock.
Shares of NYSE:STRY opened at $6.78 on Monday. Starry Group has a 52 week low of $6.14 and a 52 week high of $9.88.
An institutional investor recently bought a new position in Starry Group stock. NewGen Asset Management Ltd purchased a new position in Starry Group Holdings, Inc. (NYSE:STRY – Get Rating) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 37,074 shares of the company’s stock, valued at approximately $306,000. NewGen Asset Management Ltd owned approximately 0.07% of Starry Group as of its most recent filing with the Securities & Exchange Commission. 73.56% of the stock is currently owned by institutional investors.
Starry Group Holdings, Inc operates as a next generation licensed fixed wireless technology developer and internet service provider. The company is deploying gigabit capable broadband to the home using its hybrid fiber fixed wireless technology. It serves approximately 5.3 million households through deploying its gigabit network in six U.S.
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