Shares of Globalstar, Inc. (NYSEAMERICAN:GSAT – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $22.65, but opened at $26.99. Globalstar shares last traded at $23.88, with a volume of 420,873 shares.
Globalstar Trading Up 8.8 %
The stock has a market capitalization of $46.67 billion, a PE ratio of -821.33 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.09 and a quick ratio of 0.99.
About Globalstar
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 data modem services and equipment.
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