Globalstar Inc. (AMEX: GSAT) – Analysts’ Views Change

In the latest trading session,, 1.22 million Globalstar Inc. (AMEX:GSAT) shares changed hands as the company’s beta touched 0.89. With the company’s most recent per share price at $1.01 changed hands at -$0.02 or -1.93% at last look, the market valuation stands at $1.92B. GSAT’s current price is a discount, trading about -110.89% off its 52-week high of $2.13. The share price had its 52-week low at $0.96, which suggests the last value was 4.95% up since then. When we look at Globalstar Inc.’s average trading volume, we note the 3-month average coming to 3.13 million.

Globalstar Inc. (AMEX:GSAT) trade information

Instantly GSAT was in red as seen in intraday trades today. With action -9.81%, the performance over the past five days has been red. The drop to weekly highs of 1.1600 subtracted -1.93% to the stock’s daily price. The company’s shares are showing year-to-date downside of -47.93%, with the 5-day performance at -9.81% in the red. However, in the 30-day time frame, Globalstar Inc. (AMEX:GSAT) is -15.83% down.

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Globalstar Inc. (GSAT) estimates and forecasts

Data shows that the Globalstar Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -39.51% over the past 6 months, a -100.00% in annual growth rate that is considerably lower than the industry average of -15.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -21.49%. The 2024 estimates are for Globalstar Inc. earnings to decrease by -322.83%, but the outlook for the next 5-year period is at 15.00% per year.

GSAT Dividends

Globalstar Inc. is expected to release its next quarterly earnings report in July.