Globalstar Stock Price on October 8, 2024

GSAT Stock  USD 1.90  0.08  4.40%   
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 1.90, as last reported on the 28th of November, with the highest price reaching 1.97 and the lowest price hitting 1.80 during the day.
IPO Date
2nd of November 2006
200 Day MA
1.3048
50 Day MA
1.3936
Beta
0.886
 
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 price. Globalstar appears to be dangerous, given 3 months investment horizon. Globalstar holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Globalstar's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Globalstar's Market Risk Adjusted Performance of 0.4842, downside deviation of 3.88, and Risk Adjusted Performance of 0.0901 to validate if our risk estimates are consistent with your expectations.
  
At this time, Globalstar's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.9 B in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (55.6 M). . At this time, Globalstar's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 1.75 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (36.91) in 2024. Globalstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1293

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Estimated Market Risk

 6.47
  actual daily
57
57% of assets are less volatile

Expected Return

 0.84
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Globalstar is performing at about 10% of its full potential. 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 it to a well-diversified portfolio.
Price Book
8.7394
Enterprise Value Ebitda
47.0247
Price Sales
14.8832
Shares Float
742.5 M
Wall Street Target Price
3.33

Globalstar Valuation on October 8, 2024

It is possible to determine the worth of Globalstar on a given historical date. On October 8, 2024 Globalstar was worth 1.18 at the beginning of the trading date compared to the closed value of 1.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globalstar stock. Still, in general, we apply an absolute valuation method to find Globalstar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Globalstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globalstar's related companies.
 Open High Low Close Volume
  1.19    1.21    1.16    1.17    2,259,673  
10/08/2024
  1.18    1.21    1.17    1.19    2,365,690  
  1.19    1.23    1.19    1.21    3,319,880  
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Open Value
1.18
1.19
Closing Value
20.60
Upside

Globalstar Trading Date Momentum on October 8, 2024

On October 09 2024 Globalstar was traded for  1.21  at the closing time. The top price for the day was 1.23  and the lowest listed price was  1.19 . The trading volume for the day was 3.3 M. The trading history from October 9, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.68% . The overall trading delta against the current closing price is 1.68% .

Globalstar Fundamentals Correlations and Trends

By evaluating Globalstar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Globalstar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globalstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

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 Next Year
Common Stock Shares Outstanding1.8 B1.9 B
Net Loss-232.4 M-220.8 M

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...

Price Boundaries

Globalstar Period Price Range

Low
November 28, 2024
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High

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Globalstar cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Globalstar November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Globalstar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globalstar shares will generate the highest return on investment. By undertsting and applying Globalstar stock market strength indicators, traders can identify Globalstar entry and exit signals to maximize returns

Globalstar Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Globalstar's price 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 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.

Additional Tools for Globalstar Stock Analysis

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.