Globalstar, Inc. (NYSEMKT:GSAT – Get Free Report) shares shot up 4.2% on Thursday . The company traded as high as $1.11 and last traded at $1.11. 2,205,023 shares were traded during trading, a decline of 27% from the average session volume of 3,026,324 shares. The stock had previously closed at $1.06.
Globalstar Stock Performance
The firm has a market cap of $2.10 billion, a price-to-earnings ratio of -55.25 and a beta of 0.83. The stock has a 50 day moving average of $1.17 and a 200 day moving average of $1.45. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 0.97.
Globalstar Company Profile
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.
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