After Hours
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.
Stocks Info
This AMEX-listed company operates within the Telecom Services industry segment, falling under the Communication Services sector. The current market capitalization of Globalstar Inc is $3.79B. A total of 7.9 million shares were traded on the day, compared to an average of 14.59M 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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, GSAT has a high of $2.13 and a low of $1.00.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $0.21, while its Total Shareholder’s Equity was $365.43M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.
