Shares of Globalstar, Inc. (NYSEMKT:GSAT – Get Free Report) were down 0.8% during mid-day trading on Friday . The company traded as low as $1.18 and last traded at $1.20. Approximately 3,281,276 shares traded hands during trading, an increase of 8% from the average daily volume of 3,026,324 shares. The stock had previously closed at $1.21.
Globalstar Price Performance
The company has a debt-to-equity ratio of 0.97, a current ratio of 0.70 and a quick ratio of 0.63. The company has a market cap of $2.28 billion, a PE ratio of -60.00 and a beta of 0.85. The stock has a fifty day moving average price of $1.24 and a 200-day moving average price of $1.21.
About Globalstar
Globalstar, Inc provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. 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.
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