StockNews.com started coverage on shares of Globalstar ( NYSE:GSAT – Get Rating ) in a report published on Thursday. The firm issued a hold rating on the stock. Globalstar Stock Down 1.8 % GSAT opened at $1.08 on Thursday. Globalstar has a twelve month low of $0.85 and a twelve month high of $2.98. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.45 and a quick ratio of 0.38. The stock has a market cap of $1.94 billion, a P/E ratio of -9.00 and a beta of 0.58. ( Get Rating ) Globalstar, Inc engages in the provision of mobile satellite services.

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