Satellogic Inc. (NASDAQ:SATL - Get Free Report)'s stock price fell 2.8% during trading on Monday . The company traded as low as $4.08 and last traded at $4.15. 1,412,004 shares traded hands during mid-day trading, an increase of 186% from the average session volume of 494,168 shares. The stock had previously closed at $4.27.
Satellogic Price Performance
The stock's 50 day moving average price is $3.80 and its 200 day moving average price is $3.09.
Satellogic (NASDAQ:SATL - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported ($0.16) earnings per share (EPS) for the quarter. The company had revenue of $3.39 million for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Liberty 77 Capital L.P. purchased a new stake in shares of Satellogic in the fourth quarter valued at about $57,000,000. Insigneo Advisory Services LLC bought a new position in Satellogic during the fourth quarter valued at about $197,000. Jane Street Group LLC bought a new position in shares of Satellogic in the fourth quarter worth $96,000. Finally, Virtu Financial LLC purchased a new position in shares of Satellogic in the fourth quarter valued at $68,000. Institutional investors and hedge funds own 17.58% of the company's stock.
Satellogic Company Profile
(
Get Free Report)
Satellogic Inc operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.
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