Globalstar, Inc. (NYSEAMERICAN:GSAT – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $1.38, but opened at $1.43. Globalstar shares last traded at $1.39, with a volume of 217,389 shares.
Globalstar Stock Up 1.9 %
The firm has a market capitalization of $2.48 billion, a PE ratio of -12.50 and a beta of 0.53. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.63 and a current ratio of 0.70.
Globalstar (NYSEAMERICAN:GSAT – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.01) earnings per share for the quarter. Globalstar had a negative net margin of 112.72% and a negative return on equity of 76.89%. The company had revenue of $52.41 million for the quarter, compared to the consensus estimate of $53.06 million. On average, research analysts expect that Globalstar, Inc. will post -0.01 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
About Globalstar
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.
Further Reading
- Five stocks we like better than Globalstar
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- Best Bear Market Funds: Top 3 Investment Options to Consider
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Is DraftKings A Good Bet Ahead of Q1 Earnings?
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Mid-Cap Stocks to Outperform the Market This Cycle
Receive News & Ratings for Globalstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globalstar and related companies with MarketBeat.com's FREE daily email newsletter.