Boom Or Bust? Where Will Satellogic Inc (NASDAQ: SATL) Stock Go Next?

During the last session, Satellogic Inc (NASDAQ:SATL)’s traded shares were 1.24 million, with the beta value of the company hitting 1.80. At the end of the trading day, the stock’s price was $3.29, reflecting an intraday gain of 23.68% or $0.63. The 52-week high for the SATL share is $5.49, that puts it down -66.87 from that peak though still a striking 78.12% gain since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $315.18M, and the average trade volume was 1.21 million shares over the past three months.

Satellogic Inc (NASDAQ:SATL) trade information

Satellogic Inc (SATL) registered a 23.68% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 23.68% in intraday trading to $3.29, hitting a weekly high. The stock’s 5-day price performance is 8.58%, and it has moved by 17.50% in 30 days. Based on these gigs, the overall price performance for the year is 120.81%.

The consensus price target of analysts on Wall Street is $5, which implies an increase of 34.2% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $5 respectively. As a result, SATL is trading at a discount of -51.98% off the target high and -51.98% off the low.

SATL Dividends

Satellogic Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 2.58 million shares, is of SOFTBANK GROUP CORP.’s that is approximately 2.8844% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.69 million.

Data provided on Dec 31, 2024 indicates that Fidelity NASDAQ Composite Index Fund owns about 49.37 shares. This amounts to just over 0.06 percent of the company’s overall shares, with a $0.16 million market value.