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Globalstar Inc (GSAT) Stock: From Low to High in 52 Weeks

THMO

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Globalstar Inc’s current trading price is -33.21% away from its 52-week high, while its distance from the 52-week low is 83.00%. The stock’s price range for this time frame has been between $1.00 and $2.74. The trading volume of the company’s shares in the Communication Services reached around 3.99 million for the day, which was evidently lower than the average daily volume of 22.04 million over the last three months.

In terms of market performance, Globalstar Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $2.74 on 12/10/24, while the lowest value was $1.00 on 10/24/24.

How Financial Performance Impacts Market Capitalization

Globalstar Inc (GSAT) has experienced a quarterly rise of 52.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.47B and boasts a workforce of 348 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5652, with a change in price of +0.4900. Similarly, Globalstar Inc recorded 15,483,496 in trading volume during the last 100 days, posting a change of +36.84%.

How GSAT’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GSAT stands at 1.07. Similarly, the long-term debt-to-equity ratio is also 0.99.

GSAT Stock Stochastic Average

Globalstar Inc’s raw stochastic average for the past 50 days is currently at 46.20%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 1.89%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.19% and 16.25%, respectively.

GSAT Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -11.59% this year. Over the last six months, there has been a weaker performance of 41.86%. The price of GSAT leaped by -20.09% during the last 30 days period. For the last 5-days stocks have slided -16.82%.

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