Satellogic Inc. (NASDAQ:SATL – Get Free Report) rose 2% on Monday . The company traded as high as $1.02 and last traded at $1.01. Approximately 75,444 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 54,676 shares. The stock had previously closed at $0.99.
Satellogic Price Performance
The firm has a 50 day moving average of $1.01 and a 200-day moving average of $1.08.
Institutional Trading of Satellogic
Institutional investors have recently modified their holdings of the stock. Ground Swell Capital LLC bought a new position in shares of Satellogic in the second quarter worth $26,000. MSA Advisors LLC bought a new stake in Satellogic during the second quarter worth about $27,000. Finally, Joel Isaacson & Co. LLC acquired a new stake in Satellogic during the third quarter worth about $27,000. 17.58% of the stock is currently owned by institutional investors.
Satellogic Company Profile
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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