Satellogic Inc. (NASDAQ:SATL - Get Free Report)'s stock price was down 2.8% during mid-day trading on Monday . The stock traded as low as $4.08 and last traded at $4.15. Approximately 1,412,004 shares traded hands during mid-day trading, an increase of 186% from the average daily volume of 494,168 shares. The stock had previously closed at $4.27.
Satellogic Price Performance
The firm has a 50-day moving average price of $3.86 and a 200-day moving average price of $3.17.
Satellogic (NASDAQ:SATL - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $3.39 million during the quarter.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of Satellogic in the 4th quarter worth approximately $96,000. Insigneo Advisory Services LLC purchased a new stake in shares of Satellogic in the 4th quarter worth approximately $197,000. Liberty 77 Capital L.P. purchased a new stake in shares of Satellogic in the 4th quarter worth approximately $57,000,000. Finally, Virtu Financial LLC purchased a new stake in shares of Satellogic in the 4th quarter worth approximately $68,000. Institutional investors own 17.58% of the company's stock.
About Satellogic
(
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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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