Globalstar, Inc. (GSAT) Raised to Sell at BidaskClub

BidaskClub upgraded shares of Globalstar, Inc. (NYSEMKT:GSAT) from a strong sell rating to a sell rating in a research note published on Wednesday morning.

Globalstar (NYSEMKT:GSAT) opened at 1.99 on Wednesday. Globalstar has a 1-year low of $0.73 and a 1-year high of $2.59. The firm has a 50-day moving average of $2.05 and a 200 day moving average of $1.83. The firm’s market cap is $2.31 billion.

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About Globalstar

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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