Globalstar Inc (NASDAQ: GSAT) kicked off on Monday, down -7.11% from the previous trading day, before settling in for the closing price of $27.97. Over the past 52 weeks, GSAT has traded in a range of $15.00-$41.10.
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A company in the Communication Services sector has jumped its sales by 10.18% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 59.32%. With a float of $49.79 million, this company’s outstanding shares have now reached $126.58 million.
In an organization with 389 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 65.56%, operating margin of -1.87%, and the pretax margin is -23.87%.
Globalstar Inc (GSAT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Globalstar Inc is 60.67%, while institutional ownership is 20.90%. The most recent insider transaction that took place on May 16 ’25, was worth 933,890. In this transaction Director of this company bought 50,000 shares at a rate of $18.68, taking the stock ownership to the 58,833,076 shares. Before that another transaction happened on May 14 ’25, when Company’s Director bought 25,000 for $18.77, making the entire transaction worth $469,325. This insider now owns 58,783,076 shares in total.
Globalstar Inc (GSAT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 59.32% per share during the next fiscal year.
Globalstar Inc (NASDAQ: GSAT) Trading Performance Indicators
Take a look at Globalstar Inc’s (GSAT) current performance indicators. Last quarter, stock had a quick ratio of 2.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.95. Likewise, its price to free cash flow for the trailing twelve months is 121.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Globalstar Inc (GSAT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.63 million. That was inferior than the volume of 0.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.67%.
During the past 100 days, Globalstar Inc’s (GSAT) raw stochastic average was set at 77.19%, which indicates a significant increase from 54.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.08 in the past 14 days, which was higher than the 1.02 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.24, while its 200-day Moving Average is $23.28.
