Satellogic Inc (NASDAQ:SATL) has a beta value of 1.72 and has seen 0.66 million shares traded in the recent trading session. The company, currently valued at $331.47M, closed the recent trade at $3.46 per share which meant it gained $0.51 on the day or 17.29% during that session. The SATL stock price is -58.67% off its 52-week high price of $5.49 and 79.19% 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 0.64 million shares traded. The 3-month trading volume is 869.84K shares.
Satellogic Inc (NASDAQ:SATL) trade information
Sporting 17.29% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SATL stock price touched $3.46 or saw a fall of -4.85%. Year-to-date, Satellogic Inc shares have moved 21.40%, while the 5-day performance has seen it change 5.17%. Over the past 30 days, the shares of Satellogic Inc (NASDAQ:SATL) have changed -23.28%. Short interest in the company has seen 0.31 million shares shorted with days to cover at 0.3.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 30.8% from the levels at last check today. 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 latest price level in today’s session is -44.51% off the targeted high while a plunge would see the stock gain -44.51% from the levels at last check today.
SATL Dividends
Satellogic Inc is expected to release its next earnings report in April 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
Insiders own 26.15% of the company shares, while shares held by institutions stand at 42.00% with a share float percentage of 56.86%. Investors are also buoyed by the number of investors in a company, with Satellogic Inc having a total of 26.0 institutions that hold shares in the company. 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.
