Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Globalstar Inc (NASDAQ: GSAT) closed at $20.81 up 0.48% from its previous closing price of $20.71. In other words, the price has increased by $0.48 from its previous closing price. On the day, 0.5 million shares were traded. GSAT stock price reached its highest trading level at $21.138 during the session, while it also had its lowest trading level at $20.195.
Ratios:
For a deeper understanding of Globalstar Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.19. For the most recent quarter (mrq), Quick Ratio is recorded 3.09 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Imperial Capital on August 04, 2023, initiated with a Outperform rating and assigned the stock a target price of $7.79.
On May 03, 2023, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also lowered its target price recommendation from $1.75 to $0.97.
On October 31, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $5.Craig Hallum initiated its Buy rating on October 31, 2022, with a $5 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 28 ’25 when Monroe James III bought 209,546 shares for $22.52 per share. The transaction valued at 4,718,976 led to the insider holds 790,097 shares of the business.
JACOBS PAUL E sold 209,546 shares of GSAT for $4,718,976 on Mar 28 ’25. The Chief Executive Officer now owns 0 shares after completing the transaction at $22.52 per share. On Mar 21 ’25, another insider, Monroe James III, who serves as the Director of the company, bought 50,000 shares for $22.31 each. As a result, the insider paid 1,115,620 and bolstered with 947,273 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 2631278848 and an Enterprise Value of 2769503744. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.51 while its Price-to-Book (P/B) ratio in mrq is 7.33. Its current Enterprise Value per Revenue stands at 11.063 whereas that against EBITDA is 31.261.
Stock Price History:
The Beta on a monthly basis for GSAT is 0.86, which has changed by 0.043107748 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, GSAT has reached a high of $41.10, while it has fallen to a 52-week low of $15.00. The 50-Day Moving Average of the stock is -8.58%, while the 200-Day Moving Average is calculated to be -5.86%.
Shares Statistics:
For the past three months, GSAT has traded an average of 898.45K shares per day and 606460 over the past ten days. A total of 126.42M shares are outstanding, with a floating share count of 49.87M. Insiders hold about 60.56% of the company’s shares, while institutions hold 20.00% stake in the company. Shares short for GSAT as of 1741910400 were 3038370 with a Short Ratio of 3.38, compared to 1739491200 on 2333928. Therefore, it implies a Short% of Shares Outstanding of 3038370 and a Short% of Float of 6.12.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
