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

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$0.3580 -0.01 (-2.72 %)
(As of 12/10/2018 06:50 AM ET)
Previous Close$0.3662
Today's Range$0.3505 - $0.3736
52-Week Range$0.30 - $1.36
Volume1.68 million shs
Average Volume4.19 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
Previous Symbol
CUSIPN/A
Phone+1-408-9334000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees333
Outstanding Shares1,266,000,000
Market Cap$0.00
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) released its quarterly earnings data on Thursday, November, 1st. The Wireless communications provider reported ($0.02) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($0.02). The Wireless communications provider earned $35.69 million during 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 1-year price targets for Globalstar's stock. Their predictions 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 346.9% 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?

Headlines about GSAT stock have trended very positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Globalstar earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news coverage about the Wireless communications provider a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Globalstar?

Globalstar saw a decrease in short interest in November. As of November 15th, there was short interest totalling 63,138,026 shares, a decrease of 1.3% from the October 31st total of 63,998,440 shares. Based on an average daily volume of 2,585,450 shares, the short-interest ratio is presently 24.4 days. Currently, 10.9% of the company's stock are sold short. 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 63)
  • Mr. David B. Kagan, Chief Exec. Officer (Age 56)
  • Ms. Rebecca S. Clary, VP & CFO (Age 39)
  • Mr. L. Barbee Ponder IV, Gen. Counsel & VP of Regulatory Affairs (Age 51)
  • Mr. Wen Doong, Sr. VP of Engineering & Operations

Who are Globalstar's major shareholders?

Globalstar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.75%), Steelhead Partners LLC (2.57%), Beck Mack & Oliver LLC (1.57%), BlackRock Inc. (1.40%), Mason Capital Management LLC (0.87%) and FMR LLC (0.52%). Company insiders that own Globalstar stock include James Monroe III, L Barbee Iv Ponder and Rebecca Clary. View Institutional Ownership Trends for Globalstar.

Which major investors are selling Globalstar stock?

GSAT stock was sold by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Beck Mack & Oliver LLC, GSA Capital Partners LLP, Akanthos Capital Management LLC, Credit Suisse AG and Alpine Global Management LLC. View Insider Buying and Selling for Globalstar.

Which major investors are buying Globalstar stock?

GSAT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Sound Point Capital Management LP, Steelhead Partners LLC, Vanguard Group Inc., Mason Capital Management LLC, Bank of New York Mellon Corp, FMR LLC and Water Island Capital 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 $0.3580.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  286
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 12/10/2018 by MarketBeat.com Staff

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