Globalstar (GSAT) Rating Lowered to Strong Sell at BidaskClub

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Globalstar (NASDAQ:GSAT) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Wednesday.

Shares of NASDAQ:GSAT opened at $0.43 on Wednesday. Globalstar has a 52 week low of $0.29 and a 52 week high of $0.88.

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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