Globalstar Stock Price History

GSAT Stock  USD 1.46  0.05  3.31%   
Below is the normalized historical share price chart for Globalstar extending back to November 02, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Globalstar stands at 1.46, as last reported on the 6th of December, with the highest price reaching 1.52 and the lowest price hitting 1.44 during the day.
IPO Date
2nd of November 2006
200 Day MA
1.1883
50 Day MA
1.3686
Beta
0.395
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Globalstar Stock, it is important to understand the factors that can impact its stock price. We consider Globalstar risky. Globalstar holds Efficiency (Sharpe) Ratio of 0.0083, which attests that the entity had 0.0083% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Globalstar, which you can use to evaluate the future volatility of the firm. Please check out Globalstar Market Risk Adjusted Performance of 0.0586, downside deviation of 3.22, and Risk Adjusted Performance of 0.0269 to validate if the risk estimate we provide is consistent with the expected return of 0.0258%.
  
Net Income Common Stock is likely to drop to about (278.6 M) in 2023. Price to Book Value is likely to drop to 7.55 in 2023. Price to Earnings Ratio is likely to drop to -10.25 in 2023. Globalstar Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0083

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Estimated Market Risk

 3.09
  actual daily
27
73% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globalstar is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Globalstar by adding Globalstar to a well-diversified portfolio.
Price Book
7.3897
Enterprise Value Ebitda
35.2776
Price Sales
13.4882
Shares Float
742 M
Wall Street Target Price
4.13

Globalstar Stock Price History Chart

There are several ways to analyze Globalstar Stock price data. The simplest method is using a basic Globalstar candlestick price chart, which shows Globalstar price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 29, 20231.59
Lowest PriceSeptember 27, 20231.22

Globalstar December 6, 2023 Stock Price Synopsis

Various analyses of Globalstar stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Globalstar Stock. It can be used to describe the percentage change in the price of Globalstar from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Globalstar Stock.
Globalstar Price Action Indicator(0.05)
Globalstar Accumulation Distribution 228,530 
Globalstar Price Daily Balance Of Power(0.62)
Globalstar Price Rate Of Daily Change 0.97 

Globalstar December 6, 2023 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Globalstar Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Globalstar intraday prices and daily technical indicators to check the level of noise trading in Globalstar Stock and then apply it to test your longer-term investment strategies against Globalstar.

Globalstar Stock Price History Data

The price series of Globalstar for the period between Thu, Sep 7, 2023 and Wed, Dec 6, 2023 has a statistical range of 0.37 with a coefficient of variation of 7.18. Under current investment horizon, the daily prices are spread out with arithmetic mean of 1.38. The median price for the last 90 days is 1.37. The company completed 6:1 stock split on 26th of October 2006.
OpenHighLowCloseVolume
12/06/2023 1.49  1.52  1.44  1.46  4,342,066 
12/05/2023 1.50  1.51  1.49  1.51  2,593,459 
12/04/2023 1.54  1.54  1.49  1.51  3,940,900 
12/01/2023 1.55  1.56  1.39  1.55  4,324,233 
11/30/2023 1.59  1.59  1.55  1.59  4,091,500 
11/29/2023 1.57  1.60  1.56  1.59  5,064,800 
11/28/2023 1.56  1.58  1.54  1.56  3,883,170 
11/27/2023 1.53  1.60  1.51  1.58  4,628,000 
11/24/2023 1.45  1.54  1.45  1.53  5,165,702 
11/22/2023 1.48  1.51  1.45  1.48  2,877,961 
11/21/2023 1.44  1.46  1.41  1.46  2,561,700 
11/20/2023 1.43  1.45  1.42  1.43  2,031,400 
11/17/2023 1.43  1.46  1.41  1.44  4,081,300 
11/16/2023 1.37  1.42  1.36  1.41  2,772,075 
11/15/2023 1.41  1.47  1.38  1.39  6,215,000 
11/14/2023 1.33  1.40  1.33  1.39  4,466,869 
11/13/2023 1.36  1.37  1.28  1.29  3,246,300 
11/10/2023 1.34  1.38  1.32  1.37  3,407,106 
11/09/2023 1.35  1.35  1.31  1.32  3,796,578 
11/08/2023 1.35  1.37  1.32  1.36  2,705,100 
11/07/2023 1.35  1.37  1.34  1.36  2,333,500 
11/06/2023 1.42  1.42  1.35  1.35  2,957,800 
11/03/2023 1.37  1.44  1.37  1.42  4,456,600 
11/02/2023 1.43  1.43  1.27  1.38  9,146,700 
11/01/2023 1.41  1.42  1.36  1.40  4,065,666 
10/31/2023 1.37  1.43  1.37  1.41  4,506,001 
10/30/2023 1.31  1.37  1.31  1.37  3,021,900 
10/27/2023 1.33  1.34  1.30  1.30  3,631,740 
10/26/2023 1.28  1.34  1.28  1.34  3,431,600 
10/25/2023 1.27  1.30  1.26  1.28  3,294,500 
10/24/2023 1.27  1.33  1.27  1.28  3,266,900 
10/23/2023 1.26  1.30  1.26  1.27  2,936,600 
10/20/2023 1.25  1.29  1.22  1.28  5,064,300 
10/19/2023 1.27  1.30  1.23  1.25  3,742,900 
10/18/2023 1.30  1.30  1.22  1.25  4,928,658 
10/17/2023 1.31  1.34  1.28  1.29  4,226,200 
10/16/2023 1.30  1.35  1.29  1.33  2,560,000 
10/13/2023 1.37  1.37  1.28  1.28  3,244,000 
10/12/2023 1.37  1.39  1.34  1.37  3,573,474 
10/11/2023 1.39  1.40  1.37  1.38  1,607,196 
10/10/2023 1.41  1.42  1.38  1.38  3,455,256 
10/09/2023 1.31  1.43  1.31  1.40  4,330,600 
10/06/2023 1.34  1.39  1.31  1.37  5,374,500 
10/05/2023 1.32  1.36  1.32  1.35  4,983,651 
10/04/2023 1.28  1.35  1.28  1.32  6,312,393 
10/03/2023 1.24  1.29  1.21  1.26  5,308,600 
10/02/2023 1.30  1.32  1.22  1.22  5,855,985 
09/29/2023 1.25  1.32  1.23  1.31  5,579,906 
09/28/2023 1.21  1.24  1.21  1.23  2,420,446 
09/27/2023 1.24  1.28  1.21  1.22  4,207,494 
09/26/2023 1.27  1.29  1.24  1.24  2,926,500 
09/25/2023 1.24  1.29  1.24  1.29  2,731,484 
09/22/2023 1.26  1.26  1.22  1.26  3,140,531 
09/21/2023 1.29  1.29  1.21  1.24  4,377,300 
09/20/2023 1.32  1.33  1.27  1.30  3,707,388 
09/19/2023 1.37  1.38  1.32  1.32  3,668,817 
09/18/2023 1.35  1.41  1.35  1.38  2,671,489 
09/15/2023 1.40  1.43  1.35  1.37  6,795,200 
09/14/2023 1.42  1.48  1.38  1.40  5,083,900 
09/13/2023 1.40  1.47  1.39  1.42  5,223,782 
09/12/2023 1.50  1.65  1.43  1.44  15,137,235 

About Globalstar Stock history

Globalstar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Globalstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globalstar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Globalstar stock prices may prove useful in developing a viable investing in Globalstar
Last ReportedProjected for 2023
Weighted Average Shares1.8 B1.6 B
Weighted Average Shares Diluted1.8 B1.7 B
Issuance Purchase of Equity Shares919 K943.2 K

Globalstar Quarterly Net Working Capital

(41.02 Million)

Globalstar Stock Technical Analysis

Globalstar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Globalstar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globalstar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Globalstar Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Globalstar stock's direction in advance. Along with the technical and fundamental analysis of Globalstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globalstar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Globalstar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Globalstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Globalstar Stock. Highlighted below are key reports to facilitate an investment decision about Globalstar Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Globalstar's price analysis, check to measure Globalstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
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Is Globalstar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globalstar. If investors know Globalstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Revenue Per Share
0.117
Quarterly Revenue Growth
0.533
Return On Assets
0.0008
Return On Equity
(0.06)
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globalstar's market value can be influenced by many factors that don't directly affect Globalstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.