BidaskClub upgraded shares of Globalstar, Inc. (NYSEMKT:GSAT) from a strong sell rating to a sell rating in a report released on Monday morning.

Shares of Globalstar (NYSEMKT:GSAT) opened at 1.78 on Monday. The stock has a 50 day moving average price of $1.91 and a 200-day moving average price of $1.92. Globalstar has a 12 month low of $0.73 and a 12 month high of $2.59. The company’s market capitalization is $2.06 billion.

TRADEMARK VIOLATION WARNING: This article was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/09/19/globalstar-inc-gsat-upgraded-to-sell-at-bidaskclub.html.

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.

Receive News & Stock Ratings for Globalstar Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globalstar Inc. and related stocks with our FREE daily email newsletter.