Insider & Institutional Ownership
4.1% of Mynaric shares are owned by institutional investors. Comparatively, 18.9% of Globalstar shares are owned by institutional investors. 5.4% of Mynaric shares are owned by insiders. Comparatively, 61.0% of Globalstar shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Mynaric and Globalstar”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Mynaric | $5.39 million | 2.96 | -$101.22 million | N/A | N/A |
Globalstar | $241.58 million | 16.86 | -$24.72 million | ($0.03) | -71.67 |
Globalstar has higher revenue and earnings than Mynaric.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Mynaric | N/A | N/A | N/A |
Globalstar | -14.91% | -9.40% | -3.91% |
Volatility & Risk
Mynaric has a beta of 1.46, indicating that its stock price is 46% more volatile than the S&P 500. Comparatively, Globalstar has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500.
Summary
Globalstar beats Mynaric on 5 of the 9 factors compared between the two stocks.
About Mynaric
Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications. It offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide wireless connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, and aircraft. Mynaric AG was incorporated in 2009 and is headquartered in Munich, Germany.
About Globalstar
GLOBALSTAR INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar’s products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
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