Las Vegas, NV -- (SBWIRE) -- 10/04/2013 -- Globalstar, Inc. (OTCMKTS:GSAT) increased 10% in share price and closed at $1.32, setting the new 52-weeks’ highest share value as anticipated. The company share holds market capitalization of 877.56 million and share volume of 664.82 million. The share traded at lowest price of $0.25 during last 52 weeks.
Globalstar’s shareholders are experiencing good time with respect to increase in share price. The increase in price is likely to increase market capitalization if continued.
The company took part in a conference held in New York. The conference was titled Imperial Capital's Global Opportunities Conference.
Globalstar, Inc. offers mobile voice and data communications services worldwide through satellite. The satellite communications business of company serves clients like government, oil and gas; maritime and fishing; natural resources, mining and forestry; utilities and transportation. The company serves by delivering mobile communications to subscriber’s hat exceed 486,000 in number.
To find out what OTCMAGIC projects for Globalstar, Inc. for both short term and long term please click here: GSAT
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