Globalstar, Inc. (NYSEMKT:GSAT) Upgraded by BidaskClub to Sell

Globalstar, Inc. (NYSEMKT:GSAT) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday, October 12th.

Globalstar (NYSEMKT GSAT) opened at 1.55 on Thursday. Globalstar has a one year low of $0.73 and a one year high of $2.59. The firm has a 50-day moving average of $1.71 and a 200 day moving average of $1.94. The stock’s market capitalization is $1.80 billion.

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Globalstar Company Profile

Globalstar, Inc (Globalstar) provides mobile satellite services (MSS), including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters.

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