The market performance of Globalstar Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $2.13 on 01/09/24, while the lowest value for the same duration was $1.01 on 06/18/24.
52-week price history of GSAT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Globalstar Inc.’s current trading price is -42.49% away from its 52-week high, while its distance from the 52-week low is 21.29%. The stock’s price range during this period has spanned from $1.01 to $2.13. In the Communication Services sector, the Globalstar Inc.’s shares surpassed a trading volume of approximately 2.17 million for the day, which was noticeably lower compared to the average daily volume of 9.4.79 million over the past three months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Market Capitalization and Financial Performance: An In-Depth Look
Globalstar Inc. (GSAT) has experienced a quarterly rise of 15.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.33B and boasts a workforce of 348 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1962, with a change in price of -0.0650. Similarly, Globalstar Inc. recorded 4,208,701 in trading volume during the last 100 days, posting a change of -5.04%.
Examining GSAT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for GSAT stands at 1.10. Similarly, the long-term debt-to-equity ratio is also 1.01.
GSAT Stock Stochastic Average
Today’s raw stochastic average for Globalstar Inc. over the last 50 days is 40.63%.This indicates a increase from the raw stochastic average of the past 20 days, which was 26.53%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.17% and 13.96%, respectively.
GSAT Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant loss of -36.86% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.26%. Over the past 30 days, the price of GSAT has leaped by -14.34%. And in the last five days, it has surged by 2.94%.
