Satellogic Inc (NASDAQ:SATL) has a beta value of 1.81 and has seen 1.11 million shares traded in the last trading session. The company, currently valued at $315.63M, closed the last trade at $3.17 per share which meant it gained $0.12 on the day or 3.93% during that session. The SATL stock price is -73.19% off its 52-week high price of $5.49 and 77.29% above the 52-week low of $0.72. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.88 million shares traded. The 3-month trading volume is 713.51K shares.
Satellogic Inc (NASDAQ:SATL) trade information
Sporting 3.93% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SATL stock price touched $3.17 or saw a rise of 22.49%. Year-to-date, Satellogic Inc shares have moved 11.23%, while the 5-day performance has seen it change -18.51%. Over the past 30 days, the shares of Satellogic Inc (NASDAQ:SATL) have changed 61.73%. Short interest in the company has seen 1.62 million shares shorted with days to cover at 1.12.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 36.6% from current levels. The projected low price target is $5.0 while the price target rests at a high of $5.0. In that case, then, we find that the current price level is -57.73% off the targeted high while a plunge would see the stock gain -57.73% from current levels.
Satellogic Inc (SATL) estimates and forecasts
The company’s shares have gained 204.81% over the past 6 months.
SATL Dividends
Satellogic Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Satellogic Inc (NASDAQ:SATL)’s Major holders
The top two institutional holders are CANTOR FITZGERALD, L. P. with over 13.38 million shares worth more than $12.0 million. As of 2024-06-30, CANTOR FITZGERALD, L. P. held 14.944% of shares outstanding.
The other major institutional holder is SOFTBANK GROUP CORP., with the holding of over 2.58 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.69 million and represent 2.8844% of shares outstanding.
