Globalstar, Inc. (NYSEAMERICAN:GSAT - Get Free Report)'s share price was up 4.7% on Thursday . The stock traded as high as $24.97 and last traded at $24.92. Approximately 521,382 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 747,006 shares. The stock had previously closed at $23.79.
Globalstar Stock Performance
The firm has a market capitalization of $3.15 billion, a PE ratio of -55.40 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.09 and a quick ratio of 0.99. The firm has a fifty day moving average price of $20.75 and a 200 day moving average price of $23.74.
Globalstar Company Profile
(
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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.
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