Globalstar (GSAT) Stock Price, News & Analysis

Company Overview

GLOBALSTAR INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.

Key Stats

• Today's Range: $1.64 to $1.75
• 50-Day Range: N/A
• 52-Week Range: $1.00 to $2.13
• Volume: 4.97 million shs
• Average Volume: 6.88 million shs
• Market Capitalization: $3.26 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GSAT Stock Analysis - Frequently Asked Questions

How have GSAT shares performed this year?

Globalstar's stock was trading at $1.88 at the beginning of the year. Since then, GSAT shares have decreased by 8.2% and is now trading at $1.7250.
View the best growth stocks for 2024 here.

Who are Globalstar's major shareholders?

Globalstar's top institutional investors include Mudrick Capital Management L.P. (1.64%), State Street Corp (0.93%), Geode Capital Management LLC (0.89%) and Anson Funds Management LP (0.87%).

How do I buy shares of Globalstar?

Shares of GSAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Globalstar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Globalstar investors own include Invesco QQQ (QQQ), SPDR Dow Jones Industrial Average ETF Trust (DIA), SPDR S&P 500 ETF Trust (SPY), NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:GSAT
• CUSIP: N/A
• CIK: 1366868
• Web: www.globalstar.com
• Phone: 985-335-1500
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-24,720,000.00
• Net Margins: -14.91%
• Pretax Margin: -10.42%
• Return on Equity: -9.40%
• Return on Assets: -3.91%

Debt

• Debt-to-Equity Ratio: 0.91
• Current Ratio: 1.09
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $241.58 million
• Price / Sales: 13.39
• Cash Flow: $0.03 per share
• Price / Cash Flow: 54.05
• Book Value: $0.20 per share
• Price / Book: 8.55

Miscellaneous

• Outstanding Shares: 1,892,373,000
• Free Float: 738,025,000
• Market Cap: $3.24 billion
• Optionable: N/A
• Beta: 0.88