How to buy Globalstar (GSAT) stock

Globalstar, Inc is a telecom services business based in the US. Globalstar shares (GSAT) are listed on the NYSE MKT and all prices are listed in US Dollars. Globalstar employs 346 staff and has a trailing 12-month revenue of around 0.00.

Globalstar stock price (NYSE MKT: GSAT)

Use our graph to track the performance of GSAT stocks over time.

Globalstar shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$1.60
52-week range	$0.29 - $2.79
50-day moving average	$1.52
200-day moving average	$1.38
Wall St. target price	$2.35
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.01

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Is it a good time to buy Globalstar stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Globalstar, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Globalstar price performance over time

Historical closes compared with the close of $1.6 from 2021-05-28

1 week (2021-07-14)	N/A
1 month (2021-06-25)	-14.89%
3 months (2021-04-21)	N/A
6 months (2021-01-21)	N/A

1 year (2020-07-21)	N/A
2 years (2019-07-21)	N/A
3 years (2018-07-21)	N/A
5 years (2016-07-21)	N/A

Is Globalstar under- or over-valued?

Valuing Globalstar stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globalstar's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Globalstar's EBITDA

Globalstar's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $31.1 million.

The EBITDA is a measure of a Globalstar's overall financial performance and is widely used to measure a its profitability.

Globalstar financials

Revenue TTM	$123.2 million
Gross profit TTM	$79.8 million
Return on assets TTM	-4.45%
Return on equity TTM	-23.15%
Profit margin	-87.44%
Book value	$0.24
Market capitalisation	$2.6 billion

TTM: trailing 12 months

Shorting Globalstar shares

There are currently 61.4 million Globalstar shares held short by investors – that's known as Globalstar's "short interest". This figure is 21.8% up from 50.4 million last month.

There are a few different ways that this level of interest in shorting Globalstar shares can be evaluated.

Globalstar's "short interest ratio" (SIR)

Globalstar's "short interest ratio" (SIR) is the quantity of Globalstar shares currently shorted divided by the average quantity of Globalstar shares traded daily (recently around 49.5 million). Globalstar's SIR currently stands at 1.24. In other words for every 100,000 Globalstar shares traded daily on the market, roughly 1240 shares are currently held short.

However Globalstar's short interest can also be evaluated against the total number of Globalstar shares, or, against the total number of tradable Globalstar shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Globalstar's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Globalstar shares in existence, roughly 30 shares are currently held short) or 0.0977% of the tradable shares (for every 100,000 tradable Globalstar shares, roughly 98 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Globalstar.

Find out more about how you can short Globalstar stock.

Globalstar share dividends

We're not expecting Globalstar to pay a dividend over the next 12 months.

Globalstar share price volatility

Over the last 12 months, Globalstar's shares have ranged in value from as little as $0.292 up to $2.79. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Globalstar's is -0.0403. This would suggest that Globalstar's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Globalstar has bucked the trend.

Globalstar overview

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. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website.

Frequently asked questions

What percentage of Globalstar is owned by insiders or institutions?
Currently 59.428% of Globalstar shares are held by insiders and 14.256% by institutions. How many people work for Globalstar?
Latest data suggests 346 work at Globalstar. When does the fiscal year end for Globalstar?
Globalstar's fiscal year ends in December. Where is Globalstar based?
Globalstar's address is: 1351 Holiday Square Boulevard, Covington, LA, United States, 70433 What is Globalstar's ISIN number?
Globalstar's international securities identification number is: US3789734080 What is Globalstar's CUSIP number?
Globalstar's Committee on Uniform Securities Identification Procedures number is: 378973408