Daily Market Movement: Globalstar Inc (GSAT) Sees a 6.16% Increase, Closing at $62.25

Nora Barnes

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of Globalstar Inc (NASDAQ: GSAT) was $62.25 for the day, up 6.16% from the previous closing price of $58.64. In other words, the price has increased by $6.16 from its previous closing price. On the day, 1.22 million shares were traded. GSAT stock price reached its highest trading level at $62.74 during the session, while it also had its lowest trading level at $59.0.

Ratios:

Our analysis of GSAT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.12. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 2.53. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.48.

Upgrades & Downgrades

In the most recent recommendation for this company, Deutsche Bank on December 16, 2025, initiated with a Hold rating and assigned the stock a target price of $62. On August 04, 2023, Imperial Capital started tracking the stock assigning a Outperform rating and target price of $7.79. Morgan Stanley Upgraded its Underweight to Equal-Weight on May 03, 2023, whereas the target price for the stock was revised from $1.75 to $0.97.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 17 ’25 when Clary Rebecca sold 4,829 shares for $56.64 per share. The transaction valued at 273,510 led to the insider holds 106,992 shares of the business.

Clary Rebecca bought 4,829 shares of GSAT for $275,158 on Dec 17 ’25. On Dec 08 ’25, another insider, Ponder L Barbee IV, who serves as the General Counsel of the company, sold 1,221 shares for $67.88 each. As a result, the insider received 82,876 and left with 134,437 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSAT now has a Market Capitalization of 7895691264 and an Enterprise Value of 8121781248. For the stock, the TTM Price-to-Sale (P/S) ratio is 30.11 while its Price-to-Book (P/B) ratio in mrq is 21.64. Its current Enterprise Value per Revenue stands at 30.975 whereas that against EBITDA is 81.027.

Stock Price History:

The Beta on a monthly basis for GSAT is 1.11, which has changed by 1.150259 over the last 52 weeks, in comparison to a change of 0.14402747 over the same period for the S&P500. Over the past 52 weeks, GSAT has reached a high of $74.88, while it has fallen to a 52-week low of $17.24. The 50-Day Moving Average of the stock is 11.46%, while the 200-Day Moving Average is calculated to be 90.01%.

Shares Statistics:

GSAT traded an average of 1.18M shares per day over the past three months and 907740 shares per day over the past ten days. A total of 126.82M shares are outstanding, with a floating share count of 50.25M. Insiders hold about 60.39% of the company’s shares, while institutions hold 24.20% stake in the company. Shares short for GSAT as of 1764288000 were 3752031 with a Short Ratio of 3.19, compared to 1761868800 on 4311033. Therefore, it implies a Short% of Shares Outstanding of 3752031 and a Short% of Float of 7.5200000000000005.

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