Globalstar, Inc. (NYSEAMERICAN:GSAT – Get Free Report) shares traded down 8.1% during mid-day trading on Monday . The company traded as low as $57.35 and last traded at $57.84. 351,178 shares were traded during mid-day trading, a decline of 61% from the average session volume of 907,236 shares. The stock had previously closed at $62.95.
Globalstar Price Performance
The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $7.82 billion, a P/E ratio of -137.65 and a beta of 1.03. The company has a 50 day moving average price of $44.01 and a 200 day moving average price of $31.15.
Globalstar Company Profile
Globalstar, Inc provides mobile satellite 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 usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.
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