NYSEAMERICAN:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

$1.30
+0.04 (+3.17%)
(As of 04/23/2024 ET)
Today's Range
$1.25
$1.31
50-Day Range
N/A
52-Week Range
$0.85
$2.13
Volume
2.13 million shs
Average Volume
4.26 million shs
Market Capitalization
$2.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
GSAT stock logo

About Globalstar Stock (NYSEAMERICAN:GSAT)

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. 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. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.

GSAT Stock Price History

GSAT Stock News Headlines

Globalstar (NYSEAMERICAN:GSAT) Trading Up 3.2%
IRDM Nov 2024 30.000 call
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Chorus Limited goes ex dividend Monday
Q4 2023 Globalstar Inc Earnings Call
GSAT Oct 2024 0.500 call
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Preview: Globalstar's Earnings
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:GSAT
CIK
N/A
Fax
N/A
Employees
348
Year Founded
N/A

Profitability

Net Income
$-256,920,000.00
Net Margins
-112.72%
Pretax Margin
-110.68%

Debt

Sales & Book Value

Annual Sales
$148.50 million
Book Value
$0.17 per share

Miscellaneous

Outstanding Shares
1,800,000,000
Free Float
684,000,000
Market Cap
$2.34 billion
Optionable
Not Optionable
Beta
0.53
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Key Executives

  • Mr. James Monroe III (Age 69)
    Executive Chairman
    Comp: $50k
  • Ms. Rebecca S. Clary (Age 45)
    VP & CFO
    Comp: $345.66k
  • Mr. L. Barbee Ponder IV (Age 57)
    General Counsel & VP of Regulatory Affairs
    Comp: $353.61k
  • Mr. Timothy Evan Taylor (Age 40)
    VP of Finance, Business Operations & Strategy and Director
    Comp: $50k
  • Dr. Paul E. Jacobs Ph.D. (Age 62)
    CEO & Director
  • Mr. Wen Doong
    Senior Vice President of Engineering & Operations
  • Mr. Matthew S. Grob (Age 58)
    Chief Technology Officer
  • Mr. Peter Black
    Chief Scientist
  • Mr. Kyle Pickens CFA
    Vice President of Strategy & Communications
  • Mr. Jake Rembert
    Vice President of Sales - United States, Africa and Central & South America

GSAT Stock Analysis - Frequently Asked Questions

Are investors shorting Globalstar?

Globalstar saw a increase in short interest in March. As of March 15th, there was short interest totaling 29,550,000 shares, an increase of 11.1% from the February 29th total of 26,590,000 shares. Based on an average daily trading volume, of 4,860,000 shares, the days-to-cover ratio is currently 6.1 days. Currently, 3.9% of the company's stock are sold short.
View Globalstar's Short Interest
.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) posted its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $52.41 million for the quarter, compared to analysts' expectations of $53.06 million. Globalstar had a negative net margin of 112.72% and a negative trailing twelve-month return on equity of 76.89%.

What other stocks do shareholders of Globalstar own?
How do I buy shares of Globalstar?

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.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:GSAT) was last updated on 4/24/2024 by MarketBeat.com Staff

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