NYSEAMERICAN:GSAT - Globalstar Stock Price, News, & Analysis

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$0.6561 -0.04 (-5.75 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$0.6561
Today's Range$0.63 - $0.7064
52-Week Range$0.29 - $1.22
Volume1.97 million shs
Average Volume2.84 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Globalstar, Inc. provides mobile satellite voice and data 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, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT 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 Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. As of December 31, 2017, it served approximately 700,000 subscribers. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Telecom Services
Sub-IndustryN/A
SectorCommunication Services
Current SymbolNYSEAMERICAN:GSAT
CUSIPN/A
Phone+1-408-9334000

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees333
Outstanding Shares1,266,000,000
OptionableOptionable

Globalstar (NYSEAMERICAN:GSAT) Frequently Asked Questions

What is Globalstar's stock symbol?

Globalstar trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GSAT."

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) announced its earnings results on Thursday, November, 1st. The Wireless communications provider reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.02). The Wireless communications provider had revenue of $35.69 million for the quarter. View Globalstar's Earnings History.

When is Globalstar's next earnings date?

Globalstar is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Globalstar.

What price target have analysts set for GSAT?

2 brokers have issued twelve-month price objectives for Globalstar's stock. Their forecasts range from $0.70 to $2.50. On average, they expect Globalstar's stock price to reach $1.60 in the next year. This suggests a possible upside of 143.9% from the stock's current price. View Analyst Price Targets for Globalstar.

What is the consensus analysts' recommendation for Globalstar?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Globalstar.

Has Globalstar been receiving favorable news coverage?

News headlines about GSAT stock have trended somewhat negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Globalstar earned a news impact score of -1.4 on InfoTrie's scale. They also gave news articles about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

Are investors shorting Globalstar?

Globalstar saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 55,609,856 shares, a decline of 0.9% from the December 14th total of 56,106,863 shares. Based on an average trading volume of 11,459,707 shares, the days-to-cover ratio is presently 4.9 days. Approximately 9.4% of the shares of the company are short sold. View Globalstar's Current Options Chain.

Who are some of Globalstar's key competitors?

Who are Globalstar's key executives?

Globalstar's management team includes the folowing people:
  • Mr. James Monroe III, Exec. Chairman (Age 64)
  • Mr. David B. Kagan, Chief Exec. Officer (Age 57)
  • Ms. Rebecca S. Clary, VP & CFO (Age 40)
  • Mr. L. Barbee Ponder IV, Gen. Counsel & VP of Regulatory Affairs (Age 52)
  • Mr. Wen Doong, Sr. VP of Engineering & Operations

Who are Globalstar's major shareholders?

Globalstar's stock is owned by many different of institutional and retail investors. Top institutional investors include Joel Isaacson & Co. LLC (0.01%) and Virtu Financial LLC (0.01%). Company insiders that own Globalstar stock include James Monroe III, L Barbee Iv Ponder and Rebecca Clary. View Institutional Ownership Trends for Globalstar.

Which institutional investors are buying Globalstar stock?

GSAT stock was acquired by a variety of institutional investors in the last quarter, including Joel Isaacson & Co. LLC and Virtu Financial LLC. View Insider Buying and Selling for Globalstar.

How do I buy shares of Globalstar?

Shares of GSAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $0.6561.

What is Globalstar's official website?

The official website for Globalstar is https://www.globalstar.com/.

How can I contact Globalstar?

Globalstar's mailing address is 300 Holiday Square Blvd, COVINGTON, LA 70433-6144, United States. The Wireless communications provider can be reached via phone at +1-408-9334000.


MarketBeat Community Rating for Globalstar (NYSEAMERICAN GSAT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  143 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  292
MarketBeat's community ratings are surveys of what our community members think about Globalstar and other stocks. Vote "Outperform" if you believe GSAT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GSAT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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