Globalstar (NASDAQ:GSAT) Lifted to Sell at BidaskClub

Globalstar (NASDAQ:GSAT) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Friday, BidAskClub reports.

GSAT opened at $0.38 on Friday. The business’s 50 day moving average is $0.39 and its 200-day moving average is $0.42. Globalstar has a twelve month low of $0.23 and a twelve month high of $0.69.

Globalstar Company Profile

Globalstar, Inc provides mobile satellite voice and data services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services.

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