Satellogic Inc. (NASDAQ:SATL - Get Free Report)'s share price traded up 2% on Monday . The company traded as high as $1.02 and last traded at $1.01. 75,444 shares were traded during trading, an increase of 38% from the average session volume of 54,676 shares. The stock had previously closed at $0.99.
Satellogic Stock Down 1.0 %
The company has a 50 day moving average of $1.01 and a 200-day moving average of $1.08.
Hedge Funds Weigh In On Satellogic
Hedge funds and other institutional investors have recently made changes to their positions in the business. Joel Isaacson & Co. LLC bought a new stake in Satellogic in the third quarter valued at $27,000. MSA Advisors LLC bought a new stake in shares of Satellogic during the 2nd quarter valued at about $27,000. Finally, Ground Swell Capital LLC purchased a new position in shares of Satellogic during the second quarter valued at about $26,000. Institutional investors own 17.58% of the company's stock.
About Satellogic
(
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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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