Price Target Analysis of Globalstar Inc. (NYSE:GSAT)


Globalstar Inc. (NYSE:GSAT) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Globalstar Inc. (NYSE:GSAT) lost -9.33 Percent and closed its previous trading session at $1.36. The stock traded with the average Volume of 3.97 Million at the end of last session.

Globalstar Inc. (NYSE:GSAT) has the Market Capitalization of 1.69 Billion. The Stock has its 52-week High of $2.59 and 52-Week Low of $0.83 and it touched its 52-week high on 05/12/17 and 52-Week Low on 12/08/16.

The company reported its last earnings Actual EPS of $0.04/share. While, the analyst predicted that the company could provide an EPS of $-0.02/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.06/share which shows an Earnings Surprise of 300 Percent.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -13.95% where SMA50 and SMA200 are -15.66% and -25.24% respectively.

The company shows its Return on Assets (ROA) value of -16.4%. The Return on Equity (ROE) value stands at -121.3%. While it’s Return on Investment (ROI) value is -7.7%.

Globalstar Inc. (NYSE:GSAT) currently has a Weekly Volatility of 5.64% percent while its Monthly Volatility is at 5.11% percent. While talking about Performance of the Stock, Globalstar Inc. currently has a Weekly performance of -12.82%, monthly performance percentage is -18.56 percent, Quarterly performance is -23.6 percent, 6 months performance shows a percent value of -35.85% and Yearly Performance is 60 percent.

Company Profile:

GLOBALSTAR INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar’s products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.