In last trading session, Satellogic Inc (NASDAQ:SATL) saw 2.58 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $3.65 trading at $0.7 or 23.73% at ring of the bell on the day assigns it a market valuation of $349.67M. That closing price of SATL’s stock is at a discount of -50.41% from its 52-week high price of $5.49 and is indicating a premium of 80.27% 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 0.86 million shares which gives us an average trading volume of 869.84K if we extend that period to 3-months.
Satellogic Inc (NASDAQ:SATL) trade information
Upright in the green during last session for gaining 23.73%, in the last five days SATL remained trading in the green while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $3.65 price level, adding 6.89% to its value on the day. Satellogic Inc’s shares saw a change of 28.07% in year-to-date performance and have moved 10.94% in past 5-day. Satellogic Inc (NASDAQ:SATL) showed a performance of -19.07% in past 30-days. Number of shares sold short was 0.31 million shares which calculate 0.3 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 27.0% 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 -36.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -36.99% for stock’s current value.
Satellogic Inc (NASDAQ:SATL)’s Major holders
Insiders are in possession of 26.15% of company’s total shares while institution are holding 42.00 percent of that, with stock having share float percentage of 56.86%. Investors also watch the number of corporate investors in a company very closely, which is 42.00% institutions for Satellogic Inc that are currently holding shares of the company. 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.