S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NYSEAMERICAN:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

$1.56
+0.11 (+7.59%)
(As of 02/29/2024 ET)
Today's Range
$1.48
$1.56
50-Day Range
N/A
52-Week Range
$0.85
$2.13
Volume
6.04 million shs
Average Volume
4.58 million shs
Market Capitalization
$2.81 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 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. 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, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access company's network; and engineering and other communication services using MSS and terrestrial spectrum licenses, as well as undertakes installation of gateways and antennas. The company distributes its products through retailers, sales force, and e-commerce website. Globalstar, Inc. 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. The company was founded in 1993 and is headquartered in Covington, Louisiana.

GSAT Stock Price History

GSAT Stock News Headlines

Q4 2023 Globalstar Inc Earnings Call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
GSAT Oct 2024 0.500 call
Preview: Globalstar's Earnings
See More Headlines
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Company Calendar

Today
3/01/2024
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
332
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
$2.81 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 41)
    VP of Finance, Business Operations & Strategy and Director
    Comp: $50k
  • Dr. Paul E. Jacobs Ph.D. (Age 61)
    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. James A. Seese II
    Vice President of Administration
  • Mr. Kyle Pickens CFA
    Vice President of Strategy & Communications














GSAT Stock Analysis - Frequently Asked Questions

Are investors shorting Globalstar?

Globalstar saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 27,240,000 shares, a decrease of 12.9% from the January 15th total of 31,280,000 shares. Based on an average trading volume of 4,770,000 shares, the days-to-cover ratio is currently 5.7 days. Currently, 3.6% of the shares of the company are sold short.
View Globalstar's Short Interest
.

What ETFs hold Globalstar's stock?

ETFs with the largest weight of Globalstar (NYSEAMERICAN:GSAT) stock in their portfolio include Procure Space ETF (UFO) and SPDR S&P Telecom ETF (XTL).Global X Internet of Things Thematic ETF (SNSR).

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 3/1/2024 by MarketBeat.com Staff