(VIANEWS) – Shares of Globalstar (NYSE Composite: GSAT) rose 8.09% to $1.89 at 10:50 EST on Wednesday, after five successive sessions in a row of losses. NYSE Composite is sliding 0.42% to $16,731.05, after five successive sessions in a row of losses. This seems, up to now, a somewhat bearish trend trading session today.

Globalstar’s last close was $1.23, 58.72% below its 52-week high of $2.98.

Volume

Today’s last reported volume for Globalstar is 27147117 which is 39.93% below its average volume of 45193381.

Globalstar’s Sales

Globalstar’s sales growth is a negative 13.3% for the ongoing quarter and a decline by 13.7% for the next.

Globalstar’s Revenue

Year-on-year quarterly revenue growth declined by 16.4%, now sitting on 123.22M for the twelve trailing months.

Globalstar’s Stock Yearly Top and Bottom Value

Globalstar’s stock is valued at $1.89 at 10:50 EST, way below its 52-week high of $2.98 and way higher than its 52-week low of $0.29.

Globalstar’s Moving Average

Globalstar’s worth is way above its 50-day moving average of $1.63 and way higher than its 200-day moving average of $1.46.

More news about Globalstar (GSAT).

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