Globalstar, Inc. (NYSEAMERICAN:GSAT – Get Free Report) traded up 9.9% during mid-day trading on Monday . The stock traded as high as $1.67 and last traded at $1.66. 10,439,786 shares changed hands during trading, a decline of 25% from the average session volume of 13,974,741 shares. The stock had previously closed at $1.51.
Globalstar Trading Down 13.4 %
The stock has a market capitalization of $39.89 billion, a price-to-earnings ratio of -702.00 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.09 and a quick ratio of 0.99.
Globalstar Company Profile
Globalstar, Inc provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.
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