Satellogic Inc (NASDAQ:SATL) at last check was buoying at $3.78 on current market day with a fall of -3.81% from its closing price on previous day.
Considering stock’s 52-week price range provides that SATL hit a high price of $5.49 and saw its price falling to a low level of $0.72 during that period. Over a period of past 1-month, stock came adding 31.25% in its value.
In contrast, when we review SATL stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the SATL stock which is currently positioned at 0. It further provides that stock’s current price level is 8.79% away from its 20-day simple moving average and is 11.20% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 53.92 while volatility remained at 12.55% over the past week which changes to 10.79% when measuring it over the past month. Beta is valued at 1.84, while measure of average true range or ATR is currently at 0.43. In predicting price targets of as low as $5 and as high as $5, analysts are in agreement on assigning the stock over the next 12 months average price target of $5. Stock’s current price level is -32.28% above from estimated low price target while it is -32.28% below the estimated high; and even if the SATL’s share succeeded to reach the median price of $5, then the outlook of -32.28% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 59.08% while it is 15.04% for the institutional holders. Addition of 32.64% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.