Satellogic Inc (NASDAQ:SATL) traded at $3.54 at last check on current trade day and made a downward move of -8.65% on its previous day’s price.
Looking at the stock we see that its previous close was $3.88 and the beta (5Y monthly) reads 1.552 with the day’s price range being $3.39 – $3.805. In terms of its 52-week price range, SATL has a high of $5.49 and a low of $0.72. The company’s stock has gained about 250.50% over that past 30 days.
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Satellogic Inc has a market cap of $335.15 million and is expected to release its quarterly earnings report in January.
On the other hand, looking at the outlook for the SATL stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 29.28% off its SMA20 and 109.35% from its 50-day simple moving average. The RSI (14) is pointing at 62.49 while the volatility over the past week is 16.57% and jumps to 19.77% over the past one month. The beta value is 1.93, while the average true range (ATR) is currently pointing at 0.50. The average price target for the stock over the next 12 months is $5, with the estimates having a low of $5 and a high of $5. These price ends are -41.24% and -41.24% off the today’s price level respectively, although investors could be excited at the prospect of a -41.24% if the SATL share price touches on the median price of $5.
Coming back to Satellogic Inc (NASDAQ:SATL), we note that the average 3-month trading volume was 576.04K, while that of the preceding 10-day period stands at 3.02 million. Current shares outstanding are 76.72 million.
The insiders hold 39.77% of the company’s shares while institutions hold 15.96%. The data shows that short shares as of 2024-11-29, stood at 0.32 million at a short ratio of 1.85. This represents a 250.00 short interest in shares outstanding on 2024-11-29. Shares short rose in November from the previous month at 0.18 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 102.29% up in year-to-date price movement.
