An Evaluation Of Globalstar Inc. (AMEX: GSAT) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

GSAT belongs to the Communication Services sector of the AMEX while operating in the Telecom Services industry. The current market capitalization of Globalstar Inc. is $2.30B. A total of 1.27 million shares were traded on the day, compared to an average of 4.31M shares.

In the most recent transaction, Taylor Timothy Evan sold 395,000 shares of GSAT for 1.22 per share on Sep 11 ’24. After the transaction, the VP, Finance & Operations now owns 10,278,649 company shares. In a previous transaction on Sep 12 ’24, Taylor Timothy Evan sold 395,000 shares at 1.18 per share. GSAT shares that VP, Finance & Operations owns now total 9,883,649.

Among the insiders who bought shares, Taylor Timothy Evan acquired of 395,000 shares on Sep 12 ’24 at a per-share price of $1.21. In another insider transaction, Taylor Timothy Evan bought 395,000 shares at $1.25 per share on Sep 11 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GSAT has a high of $2.13 and a low of $1.01.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GSAT’s latest balance sheet shows that the firm has $14.30M in Cash & Short Term Investments as of fiscal 2021. There were $269.67M in debt and $61.56M in liabilities at the time. Its Book Value Per Share was $0.20, while its Total Shareholder’s Equity was $365.43M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GSAT is Buy with a score of 4.33.

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