In last trading session, Satellogic Inc (NASDAQ:SATL) saw 0.56 million shares changing hands with its beta currently measuring 1.61. Company’s recent per share price level of $3.38 trading at $0.09 or 2.89% at ring of the bell on the day assigns it a market valuation of $328.05M. That closing price of SATL’s stock is at a discount of -62.43% from its 52-week high price of $5.49 and is indicating a premium of 78.7% 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 0.55 million shares which gives us an average trading volume of 807.60K if we extend that period to 3-months.
Satellogic Inc (NASDAQ:SATL) trade information
Upright in the green during last session for gaining 2.89%, in the last five days SATL remained trading in the red while hitting it’s week-highest on Tuesday, 04/01/25 when the stock touched $3.38 price level, adding 8.89% to its value on the day. Satellogic Inc’s shares saw a change of 18.60% in year-to-date performance and have moved -9.87% in past 5-day. Satellogic Inc (NASDAQ:SATL) showed a performance of 14.58% in past 30-days. Number of shares sold short was 0.89 million shares which calculate 1.06 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 32.4% 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 -47.93% in reaching the projected high whereas dropping to the targeted low would mean a loss of -47.93% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 51.72% during past 5 years.
Satellogic Inc (NASDAQ:SATL)’s Major holders
Insiders are in possession of 25.75% of company’s total shares while institution are holding 41.40 percent of that, with stock having share float percentage of 55.75%. Investors also watch the number of corporate investors in a company very closely, which is 41.40% 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.
