Globalstar, Inc. (NYSEMKT:GSAT) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Wednesday.

Globalstar (NYSEMKT GSAT) opened at 2.04 on Wednesday. Globalstar has a 52 week low of $0.73 and a 52 week high of $2.59. The company’s market capitalization is $2.28 billion. The company’s 50-day moving average price is $2.07 and its 200 day moving average price is $1.81.

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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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