1.4675

6.53% -0.1025

After Hours: 1.49 0.0225 +1.53%

Globalstar Inc. (GSAT)

Overview News Price History Option Chain Financials Discussions Forecast

Globalstar Inc. stock is traded at $1.4675, with a volume of 15.32M. It is down -6.53% in the last 24 hours and down -32.37% over the past month. 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.

Previous Close:

$1.57

Open:

$1.56

24h Volume:

15.32M

Relative Volume:

0.68

Market Cap:

$2.83B

Revenue:

$241.58M

Net Income/Loss:

$-28.02M

P/E Ratio:

-59.17

EPS:

-0.0248

Net Cash Flow:

$-25.19M

1W Performance:

-22.76%

1M Performance:

-32.37%

6M Performance:

+22.29%

1Y Performance:

-10.52%

1-Day Range:

$1.45

$1.58

1-Week Range:

$1.29

$2.04

52-Week Range:

$1.00

$2.74

Globalstar Inc. Stock (GSAT) Company Profile

Name

Globalstar Inc.

Sector

Communication Services (267)

Industry

Telecom Services (61)

Phone

985-335-1500

Address

300 Holiday Square Boulevard, Covington, LA

Employee

333

Twitter

@Globalstar

Next Earnings Date

2024-11-07

Latest SEC Filings

GSAT's Discussions on Twitter

Compare GSAT with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
GSAT Globalstar Inc.	1.4675	2.83B	241.58M	-28.02M	-25.19M	-0.0248
TMUS T Mobile Us Inc	234.37	268.52B	80.01B	10.37B	9.97B	8.77
T At T Inc	24.02	173.05B	122.34B	10.95B	18.51B	1.49
VZ Verizon Communications Inc	39.47	167.07B	134.79B	17.51B	18.92B	4.14
CMCSA Comcast Corp	33.25	125.95B	123.07B	14.68B	10.99B	3.72
CHTR Charter Communications Inc	336.62	46.74B	54.87B	4.68B	3.93B	31.93

Globalstar Inc. Stock (GSAT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Aug-04-23	Initiated	Imperial Capital	Outperform
May-03-23	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Oct-31-22	Initiated	Craig Hallum	Buy
Jun-21-21	Initiated	B. Riley Securities	Buy
Jan-22-21	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Aug-09-18	Downgrade	Chardan Capital Markets	Buy → Neutral
Feb-24-17	Upgrade	Chardan Capital Markets	Neutral → Buy
Jun-13-16	Downgrade	Chardan Capital Markets	Buy → Neutral

View All

Globalstar Inc. Stock (GSAT) Latest News

01:26 AM

Apple Partnership with Globalstar Faces New Competition from Starlink Integration - USA Herald

01:26 AM

09:00 AM

Global Telesat Communications Sees 35% YoY Growth in SPOT and Satellite IoT Device Sales in 2024 - IoT For All

09:00 AM

07:11 AM

Why Globalstar (GSAT) Crashed on Wednesday? - Yahoo Finance

07:11 AM

06:39 AM

Top 3 Tech And Telecom Stocks That Could Lead To Your Biggest Gains This Quarter - Benzinga

06:39 AM

Jan 29, 2025

Apple and SpaceX Link Up to Support Starlink Satellite Network on iPhones - Bloomberg

Jan 29, 2025

Globalstar sees 35% surge in UK device sales in 2024 By Investing.com - Investing.com South Africa

Jan 29, 2025

Jan 28, 2025

Globalstar Partner Global Telesat Communications Sees Massive 35% YoY Growth in SPOT and Satellite IoT Device Sales in 2024 - Silicon Canals

Jan 28, 2025

Satellite Tech Giant's Sales Explode: 10,800 New Devices Power 35% Growth Surge - StockTitan

Jan 28, 2025

Jan 24, 2025

Globalstar: Undervalued And Diversifying Into High Margin High-Growth Opportunities - Seeking Alpha

Jan 24, 2025

Jan 22, 2025

Globalstar intends to voluntarily delist from NYSE American and transfer to Nasdaq - MSN

Jan 22, 2025

Jan 21, 2025

Globalstar to Delist from NYSE American and Transfer to Nasdaq - SDxCentral

Jan 21, 2025

Globalstar Announces Intention to Voluntarily Delist from NYSE American and Transfer to Nasdaq Upon Completion of Reverse Stock Split - Yahoo Finance

Jan 21, 2025

GSAT, Peiker Partner to Boost Satellite-Based Automotive Communication - MSN

Jan 21, 2025

JPMorgan Chase & Co. Increases Stake in Globalstar, Inc. (NYSEARCA:GSAT) - Defense World

Jan 21, 2025

Jan 20, 2025