Globalstar Inc (NASDAQ: GSAT) kicked off on Monday, up 5.44% from the previous trading day, before settling in for the closing price of $56.8. Over the past 52 weeks, GSAT has traded in a range of $17.24-$65.52.
During the last 5-year period, the sales growth of Communication Services Sector giant was 10.19%. While this was happening, its average annual earnings per share was recorded 89.27%. With a float of $50.15 million, this company’s outstanding shares have now reached $126.82 million.
Globalstar Inc (GSAT) Insider Activity
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 60.46%, while institutional ownership is 24.19%. The most recent insider transaction that took place on Nov 17 ’25, was worth 570,995. In this transaction General Counsel of this company sold 9,790 shares at a rate of $58.32, taking the stock ownership to the 135,658 shares. Before that another transaction happened on Nov 17 ’25, when Company’s VP & Chief Financial Officer sold 16,316 for $58.32, making the entire transaction worth $951,619. This insider now owns 98,374 shares in total.
Globalstar Inc (GSAT) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.07 earnings per share (EPS), lower than consensus estimate (set at -0.06) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current 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 2.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 28.97. Likewise, its price to free cash flow for the trailing twelve months is 105.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.46, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.13 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 0.9 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 35.57%.
During the past 100 days, Globalstar Inc’s (GSAT) raw stochastic average was set at 86.96%, which indicates a significant increase from 70.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.66 in the past 14 days, which was higher than the 2.42 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.21, while its 200-day Moving Average is $28.89. However, in the short run, Globalstar Inc’s stock first resistance to watch stands at $61.43. Second resistance stands at $62.96. The third major resistance level sits at $65.04. If the price goes on to break the first support level at $57.82, it is likely to go to the next support level at $55.74. Should the price break the second support level, the third support level stands at $54.21.
Globalstar Inc (NASDAQ: GSAT) Key Stats
The company with the Market Capitalisation of 7.60 billion has total of 126,838K Shares Outstanding. Its annual sales at the moment are 250,350 K in contrast with the sum of -63,160 K annual income. Company’s last quarter sales were recorded 73,850 K and last quarter income was 1,090 K.
