Globalstar, Inc. (NYSEMKT:GSAT – Get Free Report) rose 3.8% on Wednesday . The stock traded as high as $1.24 and last traded at $1.23. Approximately 4,382,296 shares were traded during mid-day trading, an increase of 45% from the average daily volume of 3,026,324 shares. The stock had previously closed at $1.18.
Globalstar Price Performance
The company has a market cap of $2.33 billion, a P/E ratio of -61.25 and a beta of 0.86. The company has a fifty day moving average price of $1.23 and a two-hundred day moving average price of $1.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.63 and a current ratio of 0.70.
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.
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