Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Globalstar Inc’s stock clocked out at $22.19, up 2.12% from its previous closing price of $21.73. In other words, the price has increased by $2.12 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
To gain a deeper understanding of GSAT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.13. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 11 ’25 when Ponder L Barbee IV sold 488 shares for $21.71 per share. The transaction valued at 10,594 led to the insider holds 145,120 shares of the business.
Clary Rebecca sold 349 shares of GSAT for $7,577 on Mar 11 ’25. The VP & Chief Financial Officer now owns 100,311 shares after completing the transaction at $21.71 per share. On Mar 11 ’25, another insider, Clary Rebecca, who serves as the Officer of the company, bought 349 shares for $21.71 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 11.21 while its Price-to-Book (P/B) ratio in mrq is 7.82.
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 -12.87%, while the 200-Day Moving Average is calculated to be 2.31%.
Shares Statistics:
A total of 126.42M shares are outstanding, with a floating share count of 49.63M. Insiders hold about 60.75% of the company’s shares, while institutions hold 20.01% stake in the company.
