Globalstar, Inc. (ARCA:GSAT)‘s stock had its “buy” rating reaffirmed by Aegis in a research report issued on Thursday.

Globalstar (ARCA:GSAT) traded up 0.81110% during midday trading on Thursday, hitting $0.83895. The stock had a trading volume of 419,660 shares. The stock’s market capitalization is $907.47 million. Globalstar has a 52 week low of $0.63 and a 52 week high of $3.00. The company’s 50 day moving average price is $0.96 and its 200-day moving average price is $1.29.

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