Globalstar Sees Unusually Large Options Volume (NYSEAMERICAN:GSAT)

Globalstar, Inc. (NYSEAMERICAN:GSAT) saw unusually large options trading on Wednesday. Investors acquired 22,956 call options on the stock. This is an increase of approximately 64% compared to the average daily volume of 14,006 call options.

Globalstar Stock Performance

GSAT stock opened at $1.57 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 0.91. Globalstar has a twelve month low of $1.00 and a twelve month high of $2.74.

About Globalstar

Globalstar, Inc provides mobile satellite 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 usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.