Satellogic (NASDAQ:SATLW) Shares Down 22.2% – Time to Sell?

Shares of Satellogic Inc. (NASDAQ:SATLWGet Free Report) were down 22.2% during mid-day trading on Monday . The company traded as low as $0.55 and last traded at $0.55. Approximately 28,593 shares changed hands during trading, a decline of 21% from the average daily volume of 36,297 shares. The stock had previously closed at $0.71.

Satellogic Trading Down 22.2 %

The firm has a fifty day moving average price of $0.47 and a 200 day moving average price of $0.22.

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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