In last trading session, Satellogic Inc (NASDAQ:SATL) saw 0.55 million shares changing hands with its beta currently measuring 1.82. Company’s recent per share price level of $2.96 trading at -$0.21 or -6.62% at ring of the bell on the day assigns it a market valuation of $283.56M. That closing price of SATL’s stock is at a discount of -85.47% from its 52-week high price of $5.49 and is indicating a premium of 75.68% from its 52-week low price of $0.72. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.91 million shares which gives us an average trading volume of 761.64K if we extend that period to 3-months.
Satellogic Inc (NASDAQ:SATL) trade information
Upright in the red during last session for losing -6.62%, in the last five days SATL remained trading in the red while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $2.96 price level, adding 15.43% to its value on the day. Satellogic Inc’s shares saw a change of 3.86% in year-to-date performance and have moved -2.95% in past 5-day. Satellogic Inc (NASDAQ:SATL) showed a performance of -37.55% in past 30-days. Number of shares sold short was 1.62 million shares which calculate 1.12 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a rise of 40.8% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -68.92% in reaching the projected high whereas dropping to the targeted low would mean a loss of -68.92% for stock’s current value.
Satellogic Inc (NASDAQ:SATL)’s Major holders
CANTOR FITZGERALD, L. P. is the top institutional holder at SATL for having 13.38 million shares of worth $12.0 million. And as of 2024-06-30, it was holding 14.944 of the company’s outstanding shares.
The second largest institutional holder is SOFTBANK GROUP CORP., which was holding about 2.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.8844 of outstanding shares, having a total worth of $2.69 million.
