The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Globalstar Inc (NASDAQ: GSAT) closed at $21.61 in the last session, up 1.31% from day before closing price of $21.33. In other words, the price has increased by $1.31 from its previous closing price. On the day, 0.95 million shares were traded. GSAT stock price reached its highest trading level at $21.93 during the session, while it also had its lowest trading level at $21.31.
Ratios:
We take a closer look at GSAT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.74. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 12 ’25 when Taylor Timothy Evan sold 26,333 shares for $22.04 per share. The transaction valued at 580,341 led to the insider holds 399,244 shares of the business.
Taylor Timothy Evan sold 26,333 shares of GSAT for $564,451 on Mar 13 ’25. The VP, Finance & Operations now owns 372,911 shares after completing the transaction at $21.44 per share. On Mar 12 ’25, another insider, JACOBS PAUL E, who serves as the Chief Executive Officer of the company, sold 7,087 shares for $22.15 each. As a result, the insider received 156,993 and left with 12,374 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 2732433408 and an Enterprise Value of 2883302144. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.91 while its Price-to-Book (P/B) ratio in mrq is 7.61. Its current Enterprise Value per Revenue stands at 11.517 whereas that against EBITDA is 32.545.
Stock Price History:
The Beta on a monthly basis for GSAT is 0.78, which has changed by 0.06716049 over the last 52 weeks, in comparison to a change of 0.09589827 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 -12.30%, while the 200-Day Moving Average is calculated to be -0.82%.
Shares Statistics:
According to the various share statistics, GSAT traded on average about 964.68K shares per day over the past 3-months and 659660 shares per day over the past 10 days. A total of 126.42M shares are outstanding, with a floating share count of 49.62M. Insiders hold about 60.76% of the company’s shares, while institutions hold 20.01% stake in the company. Shares short for GSAT as of 1740700800 were 2800578 with a Short Ratio of 2.90, compared to 1736899200 on 2367647. Therefore, it implies a Short% of Shares Outstanding of 2800578 and a Short% of Float of 5.6399997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
