Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -7.97%. However, over the past six months, we’ve seen a weaker performance of 61.44%. The price of GSAT fallen by 0.26% over the last 30 days. And in the last five days, it has surged by 5.83%.
In terms of market performance, Globalstar Inc had a fairly even. The highest value for the stock in the past year was $2.74 on 12/10/24, and the lowest value was recorded at $1.00 on 10/24/24.
52-week price history of GSAT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Globalstar Inc’s current trading price is -30.47% away from its 52-week high, while its distance from the 52-week low is 90.50%. The stock’s price range during this period has varied between$1.00 and $2.74. The Globalstar Inc’s shares, which operate in the Communication Services, saw a trading volume of around 6.16 million for the day, a figure considerably lower than their average daily volume of 22.49 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Globalstar Inc (GSAT) has experienced a quarterly rise of 57.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.61B and boasts a workforce of 348 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5879, with a change in price of +0.4700. Similarly, Globalstar Inc recorded 15,518,222 in trading volume during the last 100 days, posting a change of +32.87%.
GSAT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 presently 25.00%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 20.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 18.79% and 16.57%, respectively.
