A new trading day began on Friday, with Globalstar Inc (NASDAQ: GSAT) stock price down -5.51% from the previous day of trading, before settling in for the closing price of $22.52. GSAT’s price has ranged from $15.00 to $41.10 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 15.27%. Meanwhile, its annual earnings per share averaged 92.44%. With a float of $49.54 million, this company’s outstanding shares have now reached $126.42 million.
Let’s determine the extent of company efficiency that accounts for 389 employees. In terms of profitability, gross margin is 65.72%, operating margin of -0.26%, and the pretax margin is -24.38%.
Globalstar Inc (GSAT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Globalstar Inc is 60.82%, while institutional ownership is 20.00%. The most recent insider transaction that took place on Mar 28 ’25, was worth 4,718,976. In this transaction Director of this company bought 209,546 shares at a rate of $22.52, taking the stock ownership to the 790,097 shares. Before that another transaction happened on Mar 28 ’25, when Company’s Chief Executive Officer sold 209,546 for $22.52, making the entire transaction worth $4,718,976. This insider now owns 0 shares in total.
Globalstar Inc (GSAT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 92.44% per share during the next fiscal year.
Globalstar Inc (NASDAQ: GSAT) Trading Performance Indicators
Here are Globalstar Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.75. Likewise, its price to free cash flow for the trailing twelve months is 14.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Globalstar Inc (GSAT)
Looking closely at Globalstar Inc (NASDAQ: GSAT), its last 5-days average volume was 0.53 million, which is a drop from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 57.01%. Additionally, its Average True Range was 1.37.
During the past 100 days, Globalstar Inc’s (GSAT) raw stochastic average was set at 14.20%, which indicates a significant decrease from 24.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.10% in the past 14 days, which was lower than the 98.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.23, while its 200-day Moving Average is $22.05. However, in the short run, Globalstar Inc’s stock first resistance to watch stands at $22.11. Second resistance stands at $22.93. The third major resistance level sits at $23.49. If the price goes on to break the first support level at $20.72, it is likely to go to the next support level at $20.16. Now, if the price goes above the second support level, the third support stands at $19.34.
Globalstar Inc (NASDAQ: GSAT) Key Stats
With a market capitalization of 2.69 billion, the company has a total of 126,443K Shares Outstanding. Currently, annual sales are 250,350 K while annual income is -63,160 K. The company’s previous quarter sales were 61,180 K while its latest quarter income was -50,220 K.
