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.
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 $3.67B. A total of 9.18 million shares were traded on the day, compared to an average of 22.92M shares.
In the most recent transaction, JACOBS PAUL E sold 14,539 shares of GSAT for 2.19 per share on Jan 06 ’25. After the transaction, the Chief Executive Officer now owns 84,815 company shares. In a previous transaction on Jan 06 ’25, JACOBS PAUL E bought 14,539 shares at 2.19 per share.
Among the insiders who bought shares, Monroe James III acquired of 1,000,000 shares on Dec 27 ’24 at a per-share price of $2.13. This resulted in the Director holding 12,334,090 shares of GSAT after the transaction. In another insider transaction, Monroe James III bought 500,000 shares at $2.10 per share on Dec 26 ’24. Company shares held by the Director now total 11,334,090.
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 $2.74 and a low of $1.00.
As of this writing, GSAT has an earnings estimate of $0.0 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of $0.0 per share and a lower estimate of $0.0.
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 $0.21, 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.
