Globalstar +3.0% Rally Tests Key $59.9 Resistance
$Globalstar(GSAT)$
Globalstar Inc.(GSAT) Rallies +3.04%: Satellite Communications Pioneer Tests Key Resistance at $59.91
Latest Close Data
GSAT closed at $58.64 on December 19, 2025 EST, up +3.04% (+$1.73) with after-hours trading extending gains to $59.75.
The stock remains 21.7% below its 52-week high of $74.88, but has surged 240% from its annual low of $17.24.
Core Market Drivers
Globalstar benefits from growing satellite communications demand and IoT connectivity expansion.
Recent capital flows show mixed signals with net inflows of $1.63M today despite 5-day outflows totaling -$668M.
The company's partnership ecosystem and low-earth orbit satellite constellation positions it well for emerging market opportunities.
Technical Analysis
Volume ratio of 0.75 indicates below-average participation at 747.6K shares.
MACD shows bearish momentum with DIF at 2.35 below DEA at 3.92, generating negative histogram of -3.13.
RSI(6) at 30.67 signals oversold recovery potential, while RSI(12) at 42.55 suggests neutral momentum.
KDJ indicators show K-line at 30.51 crossing below D-line at 51.14.
Key Price Levels
Primary Support: $44.51 (December 17 technical level)
Strong Resistance: $59.91 (December 17 ceiling)
Immediate Pivot: $56.50 (today's session low)
Valuation Perspective
Trading at P/S ratio of 28.37x versus satellite industry average of ~15x.
Negative P/E of -128.0 reflects current losses with EPS TTM of -$0.46. High valuation reflects growth premium in satellite communications sector.
Analyst Targets
4 analysts project average target of $65.75 (12.1% upside), ranging $60.00-$75.00.
Consensus: 3 Buy ratings, 1 Hold. Strong institutional backing with 75% buy recommendations supports bullish sentiment.
Weekly Outlook
Expect consolidation between $56.50-$59.91 range.
Breakout above $59.91 targets $65.75 analyst consensus. Volume confirmation needed for sustained rally. Watch for IoT sector catalysts and satellite deployment updates.
Risk Disclaimer
This analysis is for informational purposes only and not investment advice. Satellite stocks carry high volatility and execution risks.
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