Media stories about Globalstar (NASDAQ:GSAT) have trended somewhat positive this week, AlphaOne reports. The research firm, a division of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Globalstar earned a media sentiment score of 0.03 on AlphaOne’s scale. AlphaOne also gave headlines about the company an impact score of 35 out of 100, meaning that recent press coverage is unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted AlphaOne Sentiment Analysis’s scoring:
- Globalstar’s (GSAT) “Positive” Rating Reiterated at Odeon Capital Group LLC (eleganthomesinla.com)
- GLOBALSTAR : SPOT satellite device reaches major milestone with 5,000 rescues .. (4-traders.com)
- SPOT Satellite Devices Reach Major Milestone with 5,000 Rescues Worldwide (finance.yahoo.com)
- SPOT Satellite Device Reaches Major Milestone With 5000 Rescues Worldwide (finance.yahoo.com)
- Globalstar (GSAT) Getting Somewhat Favorable Media Coverage, Report Finds (americanbankingnews.com)
Several equities research analysts have recently commented on the company. Chardan Capital restated a “buy” rating and set a $2.50 price target on shares of Globalstar in a research note on Wednesday, April 12th. Odeon Capital Group LLC restated a “positive” rating on shares of Globalstar in a research note on Tuesday, March 28th.
Globalstar (NASDAQ:GSAT) traded down 4.86% during midday trading on Friday, hitting $1.76. The stock had a trading volume of 3,649,638 shares. Globalstar has a one year low of $0.63 and a one year high of $3.00. The firm’s market cap is $1.96 billion. The stock has a 50-day moving average price of $1.59 and a 200 day moving average price of $1.31.
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Globalstar Company Profile
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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