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GSAT Company Profile and Key Details

NASDAQ : GSAT

Globalstar

$84.18
0.8+0.96%
At Close 4:00 PM
76.83
BESG ScoreESG Rating

Price Chart

Stock Price Today

Globalstar, Inc. (GSAT) stock surged +0.96%, trading at $84.18 on NASDAQ, up from the previous close of $83.38. The stock opened at $83.12, fluctuating between $83.12 and $84.85 in the recent session.

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Stock Price History Chart

DateOpenHighLowCloseVolume
Aug 03, 202683.1284.8583.1284.181.85M
Jul 31, 202681.2383.5481.0083.382.28M
Jul 30, 202679.5980.2179.2580.091.51M
Jul 29, 202679.2079.6578.5378.571.05M
Jul 28, 202679.0379.2678.3679.041.06M
Jul 27, 202679.2579.3478.8079.03840.73K
Jul 24, 202679.4479.4478.6578.931.18M
Jul 23, 202679.2079.8778.9779.191.23M
Jul 22, 202679.7579.9979.5579.94539.88K
Jul 21, 202679.6980.4479.4279.87878.92K
Jul 20, 202679.5879.8479.0779.331.03M
Jul 17, 202679.2480.0979.0579.181.42M
Jul 16, 202680.3080.7279.4379.531.37M
Jul 15, 202680.1580.7580.1080.53878.99K
Jul 14, 202680.2580.2579.7480.15734.6K
Jul 13, 202679.7980.4679.7479.83818.63K
Jul 10, 202680.1780.6979.8180.09547.22K
Jul 09, 202680.2180.3179.7280.02472.04K
Jul 08, 202679.8279.9679.2579.851.04M
Jul 07, 202680.4180.5079.5680.11976.69K

Contact Details

Covington, LA 70433

United States

https://www.globalstar.com985 335 1500

About Company

Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available for both mobile and fixed applications. This includes providing connectivity and equipment crucial for remote business operations, recreational activities, safety protocols, and emergency response. They also supply stationary satellite communication equipment and services for industrial, commercial, and residential locations, including isolated communities and maritime vessels. Additionally, data modem services and associated hardware are a key part of their portfolio. Globalstar further extends its reach with consumer-oriented SPOT products, notably the SPOT satellite GPS messenger, which provides personal tracking, emergency location, and messaging capabilities. They also offer SPOT Trace, an advanced device designed for anti-theft and asset monitoring. The company also provides commercial one-way data transmission solutions for the Internet of Things (IoT), enabling the tracking of cargo containers and rail cars, alongside the monitoring of utility meters and critical oil and gas infrastructure. Additionally, Globalstar offers wholesale airtime to independent gateway operators (IGOs) and delivers specialized engineering support, encompassing custom hardware and software design for bespoke applications, alongside the installation of gateway infrastructure and antennas. Its distribution network is multifaceted, encompassing direct sales channels and a broad ecosystem of independent agents, authorized dealers, resellers, retailers, its internal sales team, independent gateway operators (IGOs), and its e-commerce platform. By the close of 2020, the company boasted roughly 745,000 subscribers. Their diverse clientele spans sectors such as recreation and personal use, government agencies, public safety and disaster relief organizations, oil and gas, maritime and fishing, construction, utilities, transportation, and various natural resources industries including mining and forestry. Globalstar maintains a strategic partnership with XCOM Labs, aimed at the joint commercialization of XCOM's advanced capacity-enhancing technology in conjunction with Globalstar's n53 spectrum for 5G deployments. This collaboration targets implementation within the United States and other nations where Globalstar possesses terrestrial spectrum rights. Established in 1993, Globalstar's corporate headquarters are situated in Covington, Louisiana.

Company Information

Employees477
Beta1.54
Sales or Revenue$223.81M
5Y Sales Change%0.19%
Fiscal Year EndsDecember
SectorCommunication Services
IndustryTelecommunications Services

Frequently Asked Questions

What is the current Globalstar, Inc. (GSAT) stock price?
Globalstar, Inc. (NASDAQ: GSAT) stock price is $84.18 in the last trading session. During the trading session, GSAT stock reached the peak price of $84.85 while $83.12 was the lowest point it dropped to. The percentage change in GSAT stock occurred in the recent session was 0.96% while the dollar amount for the price change in GSAT stock was $0.80.
GSAT's industry and sector of operation?
The NASDAQ listed GSAT is part of Telecommunications Services industry that operates in the broader Communication Services sector. Globalstar, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of GSAT?
Mr. Richard S. Roberts
Corporation Sec.
Mr. Kyle Pickens CFA
Vice President of Strategy & Communications
Mr. L. Barbee Ponder IV
Gen. Counsel & Vice President of Regulatory Affairs
Mr. Wen Doong
Senior Vice President of Engineering & Operations
Mr. James A. Seese II
Vice President of Admin.
Mr. James Monroe III
Executive Chairman
Mr. David B. Kagan
Chief Executive Officer
Denise Davila
Corporation Communications Mang.
Mr. Jake Rembert
Vice President of Sales - United States, Africa and Central & South America
Ms. Rebecca S. Clary
Vice President & Chief Financial Officer
Mr. Timothy Evan Taylor
Vice President of Fin., Bus. Operations & Strategy and Director
How GSAT did perform over past 52-week?
GSAT's closing price is 262.06% higher than its 52-week low of $23.25 where as its distance from 52-week high of $84.85 is -0.79%.
How many employees does GSAT have?
Number of GSAT employees currently stands at 477.
Link for GSAT official website?
Official Website of GSAT is: https://www.globalstar.com
How do I contact GSAT?
GSAT could be contacted at phone 985 335 1500 and can also be accessed through its website. GSAT operates from 1351 Holiday Square Boulevard, Covington, LA 70433, United States.
How many shares of GSAT are traded daily?
GSAT stock volume for the day was 1.84M shares. The average number of GSAT shares traded daily for last 3 months was 1.31M.
What is the market cap of GSAT currently?
The market value of GSAT currently stands at $10.84B with its latest stock price at $84.18 and 128.79M of its shares outstanding.
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