Shares of Satellogic Inc. (NASDAQ:SATL - Get Free Report) fell 0.7% during trading on Tuesday . The company traded as low as $2.75 and last traded at $2.78. 374,972 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 495,592 shares. The stock had previously closed at $2.80.
Satellogic Stock Up 9.5 %
The stock's fifty day simple moving average is $3.15 and its 200-day simple moving average is $1.78.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Satellogic stock. Joel Isaacson & Co. LLC purchased a new position in Satellogic Inc. (NASDAQ:SATL - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,328 shares of the company's stock, valued at approximately $27,000. 17.58% of the stock is owned by institutional investors and hedge funds.
Satellogic Company Profile
(
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Satellogic Inc operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.
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