Globalstar Inc. (GSAT) Surges: Stock Moves 14.8% Higher - Tale of the Tape

By Zacks Equity Research,

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Globalstar Inc. ( GSAT ) was a big mover last session, as the company saw its shares rise by almost 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 34% in the past one-month time frame.

This satellite communication company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Globalstar currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the technology sector include AAC Technologies Holdings Inc. ( AACAY ), Broadcom Corp. ( BRCM ) and Brooks Automation, Inc. ( BRKS ). All these stocks hold a Zacks Rank #1 (Strong Buy).

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BROADCOM CORP-A (BRCM): Free Stock Analysis Report

BROOKS AUTOMATN (BRKS): Free Stock Analysis Report


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: AACAY , BRCM , BRKS , GSAT

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