Shares of Globalstar, Inc. (NYSEAMERICAN:GSAT – Get Free Report) fell 6.9% on Friday . The stock traded as low as $1.48 and last traded at $1.49. 16,425,696 shares traded hands during mid-day trading, an increase of 17% from the average session volume of 14,009,011 shares. The stock had previously closed at $1.60.
Globalstar Stock Performance
The company has a market capitalization of $2.86 billion, a PE ratio of -50.33 and a beta of 1.03. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 0.91.
Globalstar Company Profile
Globalstar, Inc provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.
Further Reading
- Five stocks we like better than Globalstar
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- P/E Ratio Calculation: How to Assess Stocks
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- How to Effectively Use the MarketBeat Ratings Screener
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for Globalstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globalstar and related companies with MarketBeat.com's FREE daily email newsletter.
