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NASDAQ:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

$19.17 +0.79 (+4.30%)
As of 04:00 PM Eastern

About Globalstar Stock (NASDAQ:GSAT)

Key Stats

Today's Range
$18.18
$19.31
50-Day Range
N/A
52-Week Range
$15.00
$41.10
Volume
701,436 shs
Average Volume
798,863 shs
Market Capitalization
$2.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

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GSAT Stock News Headlines

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GSAT Stock Analysis - Frequently Asked Questions

Globalstar's stock was trading at $18.38 on January 1st, 2025. Since then, GSAT shares have increased by 4.3% and is now trading at $19.17.
View the best growth stocks for 2025 here
.

Globalstar's top institutional shareholders include UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC (0.10%) and Jane Street Group LLC.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Globalstar investors own include Co-Diagnostics (CODX), iBio (IBIO), Onconova Therapeutics (ONTX), Tonix Pharmaceuticals (TNXP), Applied Materials (AMAT), Nokia Oyj (NOK) and

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Transportation, Communications, Electric, Gas, And Sanitary Services
Industry
Misc. Communication Services
Sub-Industry
Communication
Current Symbol
NASDAQ:GSAT
Previous Symbol
NASDAQ:GSAT
Web
N/A
Fax
N/A
Employees
330
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$253.90 million
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Market Cap
$2.39 billion
Optionable
N/A
Beta
0.87
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This page (NASDAQ:GSAT) was last updated on 5/20/2025 by MarketBeat.com Staff
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