Globalstar, Inc. (NYSEAMERICAN:GSAT - Get Free Report) shot up 4.7% during mid-day trading on Thursday . The company traded as high as $24.97 and last traded at $24.92. 521,382 shares changed hands during trading, a decline of 30% from the average session volume of 747,006 shares. The stock had previously closed at $23.79.
Globalstar Stock Performance
The business's fifty day moving average price is $20.89 and its 200-day moving average price is $23.80. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.99 and a current ratio of 1.09. The stock has a market cap of $3.35 billion, a PE ratio of -58.96 and a beta of 1.03.
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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