Globalstar, Inc. (NYSEAMERICAN:GSAT - Get Free Report)'s stock price was down 6.9% during trading on Friday . The stock traded as low as $1.48 and last traded at $1.49. Approximately 16,425,696 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 14,009,011 shares. The stock had previously closed at $1.60.
Globalstar Price Performance
The company has a market cap of $46.09 billion, a P/E ratio of -811.00 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.99 and a current ratio of 1.09.
About Globalstar
(
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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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