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How to buy Globalstar stock | $0.31

Own Globalstar stock in just a few minutes.

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Globalstar, Inc is a telecom services business based in the US. Globalstar shares (GSAT) are listed on the NYSE and all prices are listed in US Dollars. Globalstar employs 336 staff and has a trailing 12-month revenue of around USD$133 million.

How to buy shares in Globalstar

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Globalstar. Find the stock by name or ticker symbol: GSAT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Globalstar reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$0.31, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Globalstar, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Globalstar. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Globalstar share price

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

Globalstar shares at a glance

Information last updated 2020-10-20.
Latest market close USD$0.31
52-week range USD$0.25 - USD$0.593
50-day moving average USD$0.3143
200-day moving average USD$0.3289
Wall St. target price USD$0.55
PE ratio 46.8444
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.009

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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 $0.31 from 2020-11-16

1 week (2020-11-25) -3.13%
1 month (2020-11-06) -8.82%
3 months (2020-09-04) 0.31
6 months (2020-06-05) -11.43%
1 year (2019-12-05) -28.96%
2 years (2018-12-04) -15.25%
3 years (2017-12-05) -79.33%
5 years (2015-12-04) -84.26%

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 P/E ratio

Globalstar's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 47x. In other words, Globalstar shares trade at around 47x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Globalstar's EBITDA

Globalstar's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$35.3 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 USD$133 million
Gross profit TTM USD$78.1 million
Return on assets TTM -3.86%
Return on equity TTM -18.44%
Profit margin -59.84%
Book value $0.282
Market capitalisation USD$521.3 million

TTM: trailing 12 months

Shorting Globalstar shares

There are currently 26.3 million Globalstar shares held short by investors – that's known as Globalstar's "short interest". This figure is 1.8% up from 25.8 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 1.5 million). Globalstar's SIR currently stands at 17.37. In other words for every 100,000 Globalstar shares traded daily on the market, roughly 17370 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 0.02% of the outstanding shares (for every 100,000 Globalstar shares in existence, roughly 20 shares are currently held short) or 0.047% of the tradable shares (for every 100,000 tradable Globalstar shares, roughly 47 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting 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 $0.25 up to $0.593. A popular way to gauge a stock's volatility is its "beta".

GSAT.US volatility(beta: 0.53)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Globalstar's is 0.5345. This would suggest that Globalstar's shares are less volatile than average (for this exchange).

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 satellite data modem services comprising asynchronous and packet data services. 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 its sales force and e-commerce Website. As of December 31, 2019, it had approximately 775,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. was founded in 2003 and is headquartered in Covington, Louisiana.

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