The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Globalstar Inc (NASDAQ: GSAT) closed at $18.92 down -0.68% from its previous closing price of $19.05. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 0.82 million shares were traded.
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 9.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 88.80. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.47.
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 May 12 ’25 when Monroe James III bought 50,000 shares for $18.56 per share. The transaction valued at 928,035 led to the insider holds 58,758,076 shares of the business.
Monroe James III bought 209,546 shares of GSAT for $4,718,976 on Mar 28 ’25. The Director now owns 790,097 shares after completing the transaction at $22.52 per share. On Mar 28 ’25, another insider, JACOBS PAUL E, who serves as the Chief Executive Officer of the company, sold 209,546 shares for $22.52 each. As a result, the insider received 4,718,976 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.43 while its Price-to-Book (P/B) ratio in mrq is 6.95.
Stock Price History:
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 -7.77%, while the 200-Day Moving Average is calculated to be -15.39%.
Shares Statistics:
A total of 126.58M shares are outstanding, with a floating share count of 49.93M. Insiders hold about 60.56% of the company’s shares, while institutions hold 19.02% stake in the company.
