Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

GSAT
Globalstar Inc
NASDAQ
56.65
Open 60.96 Prev Close 59.47
High 62.17 Low 56.20
Volume 938,309 Volume (Avg) 1,332
52 Week High 65.52 52 Week Low 17.24
Market Cap 7.2B PE Ratio

Shares Stats

Shares Outstanding126,820,000
Shares Float50,150,000
Shares Short4,310,000
Insider Holdings6051%
Institution Holdings24.87%

About Globalstar Inc

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. 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. It also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, the company offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves recreation and personal, government, oil and gas, maritime, construction, and transportation, as well as mining, leisure, emergency services, agriculture, and forestry markets. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

General

NameGlobalstar Inc
TickerGSAT
ExchangeNASDAQ
SectorCommunication Services
IndustryTelecom Services
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees389

Highlights

Analyst Target67.00
Market Cap7,186,000,000
PEG Ratio-0.75
EBITDA100,235,000

Financials

Curr Year EPS Estimate-0.05
Next Quarter EPS Estimate-0.02
Profit Margin-22.07%
Operating Margin4.09
Return on Assets0.00
Return on Equity-0.12
Revenue262.2M
Earnings Per Share-0.46
Revenue Per Share2.07
Gross Profit171,564,992
Quarterly Revenue Growth0.02

Valuation

Price/Sales (Trailing 12 Mt.)27.41
Price/Book (Most Recent Quarter)20.68

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