Satellogic (NASDAQ:SATLW) Trading Up 11.6% – Time to Buy?

Satellogic Inc. (NASDAQ:SATLWGet Free Report) shot up 11.6% during mid-day trading on Friday . The stock traded as high as $0.44 and last traded at $0.44. 13,791 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 15,589 shares. The stock had previously closed at $0.39.

Satellogic Stock Up 11.6 %

The company’s fifty day moving average price is $0.38 and its 200 day moving average price is $0.16.

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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