|Bid||0.3000 x 2200|
|Ask||0.5000 x 1300|
|Day's Range||0.4200 - 0.4352|
|52 Week Range||0.2900 - 0.8800|
|Beta (3Y Monthly)||-0.97|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 8, 2019 - May 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.70|
Globalstar Inc NYSE MKT:GSATView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for GSAT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold GSAT had net inflows of $1.04 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Telecommunications Servicesis falling. The rate of decline is very significant relative to the trend shown over the past year. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Globalstar, Inc. today announced financial and operating results for the fourth quarter and year ended December 31, 2018.
Globalstar, Inc. will announce its fourth quarter and annual 2018 financial results on Thursday, February 28, 2019 after the market closes. The Company will conduct a conference call that evening at 5:00 p.m.
NEW YORK, Jan. 14, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
CORAL GABLES, FL/ ACCESSWIRE / December 31,2018 / 2018 has been wild for the stock market, with some of the most volatile years for trading in history. With 2019 a few breaths away, Premier Health Group (PHGRF) (PHGI), China Ceramics Co Ltd (CCCL), China Recycling Energy Corporation Common Stock (CREG), and Globalstar, Inc (NYSE American: GSAT) are presenting investors with potential opportunities just in time for the new year. Premier Health Group (PHGRF) (PHGI) has enjoyed a strong month of bullish trading following momentum gained from several key announcements that have proved exciting for investors in the healthcare industry.
Globalstar, Inc. (“Globalstar”) (NYSE American: GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has completed the sale of its previously announced public offering of 171,428,571 shares of its voting common stock. The aggregate net proceeds to Globalstar from the offering are approximately $58.9 million, after deducting underwriting discounts and commissions and other expenses. As required by the credit agreement with its senior lenders (the “Facility Agreement”), Globalstar intends to deposit 80% of the net proceeds from the offering in a restricted account for the benefit of the lenders under the Facility Agreement.
Globalstar, Inc. (“Globalstar”) (NYSE American: GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced the pricing of a registered underwritten public offering of 171,428,571 shares of its voting common stock at a price to the public of $0.35 per share, before underwriting discounts and commissions. The gross proceeds to Globalstar from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Globalstar, are expected to be approximately $60 million. Additionally, Globalstar granted the underwriter a 30-day option to purchase up to an additional 25,714,285 shares of voting common stock at the public offering price, less underwriting discounts and commissions.
Globalstar, Inc. (“Globalstar”) (NYSE American: GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has commenced an offer of $60 million in shares of voting common stock in a registered underwritten public offering. In addition, Globalstar intends to grant the underwriter a 30-day option to purchase up to $9 million in additional shares of voting common stock. As required by the credit agreement with its senior lenders (the “Facility Agreement”), Globalstar intends to deposit 80% of the net proceeds from the offering in a restricted account for the benefit of the lenders under the Facility Agreement.
Globalstar Also Reports Key 3GPP Approval for Spectrum It Wants to Monetize By John Jannarone Embattled satellite-communications firm Globalstar has settled a lawsuit with minority shareholders, agreeing to sweeping changes in the company’s corporate governance designed partly to prevent any self-serving transactions by Executive Chairman Jay Monroe. Shares of the stock, which had fallen […]
Globalstar, Inc. (NYSE American:GSAT) (“Globalstar” or the “Company”), announced that the Third Generation Partnership Project (“3GPP”) has approved a global standard for terrestrial use of Globalstar’s spectrum at 2483.5-2495 MHz. 3GPP has designated Globalstar’s terrestrial S-band as Band 53, which now permits LTE services in the U.S. with additional geographies expected to be added in 2019. The approval provides for Time Division Duplex (“TDD”) services in Band 53 as a standalone band and allows Globalstar’s spectrum to serve as an anchor channel for carrier aggregation and LAA next year.
Globalstar, Inc. (NYSE American: GSAT) (“the Company”), together with Mudrick Capital Management, L.P. (“Mudrick Capital”) and Warlander Asset Management, LP (“Warlander”) and all other litigation parties are pleased to announce that the parties have entered into a Settlement Agreement related to the litigation brought by Mudrick Capital and Warlander in Delaware Chancery Court involving Globalstar and certain of its directors, officers and employees.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Sierra Wireless’ managed asset tracking service uses Globalstar’s SmartOne Solar device to provide satellite connectivity when cellular service is unavailable, enabling emergency r
SPOT, LLC, a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) and a leading provider of satellite messaging and emergency notification technologies, today announced that SPOT has reached a new milestone, surpassing one billion messages transmitted and more than 6,100 rescue incidents initiated worldwide. An award-winning, trusted and proven satellite communications device, SPOT has a growing base of subscribers located around the world. From lone workers, to outdoor recreation enthusiasts who want peace of mind, SPOT provides reliable communications and emergency notification services regardless of cellular coverage.
NEW YORK, Nov. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The Covington, Louisiana-based company said it had net income of 1 cent per share. Losses, adjusted for non-recurring gains, were 2 cents per share. The satellite communications company posted revenue ...