Ratios Revealed: Decoding Globalstar Inc (GSAT)’s Financial Health

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The closing price of Globalstar Inc (AMEX: GSAT) was $1.95 for the day, down -2.50% from the previous closing price of $2.00. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 21.56 million shares were traded. GSAT stock price reached its highest trading level at $2.025 during the session, while it also had its lowest trading level at $1.85.

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 69.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.99.

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:

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 11 ’24 when Taylor Timothy Evan sold 3,500,000 shares for $2.22 per share. The transaction valued at 7,752,850 led to the insider holds 6,383,649 shares of the business.

Monroe James III bought 530,000 shares of GSAT for $1,005,569 on Dec 13 ’24. The Director now owns 6,834,090 shares after completing the transaction at $1.90 per share. On Dec 09 ’24, another insider, Clary Rebecca, who serves as the VP & Chief Financial Officer of the company, sold 37,688 shares for $2.13 each. As a result, the insider received 80,275 and left with 1,396,027 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 3690121728 and an Enterprise Value of 4061125120. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.89 while its Price-to-Book (P/B) ratio in mrq is 9.36. Its current Enterprise Value per Revenue stands at 16.811 whereas that against EBITDA is 48.329.

Stock Price History:

Over the past 52 weeks, GSAT has reached a high of $2.74, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 21.78%, while the 200-Day Moving Average is calculated to be 46.58%.

Shares Statistics:

GSAT traded an average of 18.12M shares per day over the past three months and 28735930 shares per day over the past ten days. A total of 1.89B shares are outstanding, with a floating share count of 744.56M. Insiders hold about 60.66% of the company’s shares, while institutions hold 20.25% stake in the company. Shares short for GSAT as of 1732838400 were 28244027 with a Short Ratio of 1.56, compared to 1730332800 on 24854816. Therefore, it implies a Short% of Shares Outstanding of 28244027 and a Short% of Float of 3.74.

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