|Bid||0.5422 x 1400|
|Ask||0.0000 x 900|
|Day's Range||0.5322 - 0.5925|
|52 Week Range||0.2900 - 0.7300|
|Beta (3Y Monthly)||-0.72|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Globalstar Inc NYSE MKT:GSATView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate 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 | PositiveETF activity is positive. Over the last month, ETFs holding GSAT are favorable, with net inflows of $1.03 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.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.
ADW Capital Management disclosed on May 13 its approximately 9.7% stake in the interior home-products maker and distributor, equal to 2,514,900 shares of Select Interior’s outstanding stock. Within its latest disclosure, ADW provided a timeline detailing several actions it has taken to spur the home retailer into exploring strategic alternatives for the firm. ADW has now revealed that it dropped its “no vote” campaign after Select Interiors announced that it intends to “initiate a strategic review that includes “operational initiatives, structural alternatives for its assets,” and the potential interest for a merger or sale of the company.
Investors need to pay close attention to Globalstar (GSAT) stock based on the movements in the options market lately.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the market. Hedge […]
On a per-share basis, the Covington, Louisiana-based company said it had net income of 2 cents. Losses, adjusted for non-recurring gains, were 1 cent per share. The satellite communications company posted ...
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 […]
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 […]
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 ...
Deposition Suggests Globalstar Sought to Sway “Fairness Opinion” Prepared by Investment Bankers By John Jannarone As the controlling shareholder of Globalstar, Executive Chairman Jay Monroe is accustomed to getting his way. Did he extend his reach too far with investment bankers in a failed attempt to merge the company with his own assets? The satellite-communications […]