In the latest trading session, 0.74 million Satellogic Inc (NASDAQ:SATL) shares changed hands as the company’s beta touched 1.81. With the company’s most recent per share price at $2.80 changing hands around $0.02 or 0.72% at last look, the market valuation stands at $268.24M. SATL’s current price is a discount, trading about -96.07% off its 52-week high of $5.49. The share price had its 52-week low at $0.72, which suggests the last value was 74.29% up since then. When we look at Satellogic Inc’s average trading volume, we note the 10-day average is 0.46 million shares, with the 3-month average coming to 892.03K.
Satellogic Inc (NASDAQ:SATL) trade information
Instantly SATL is in green as seen in intraday trades today. With action 2.94%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -1.75%, with the 5-day performance at 2.94% in the green. However, in the 30-day time frame, Satellogic Inc (NASDAQ:SATL) is -11.67% down. Looking at the short shares, we see there were 0.43 million shares sold at short interest cover period of 0.52 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 44.0% from its recent market value. According to analyst projections, SATL’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -78.57% plunge from its current level, while the stock would need to soar -78.57% for it to hit the projected low.
Satellogic Inc (NASDAQ:SATL)’s Major holders
SOFTBANK GROUP CORP. holds the second largest percentage of outstanding shares, with 2.8844% or 2.58 million shares worth $2.69 million as of 2024-06-30.