Satellogic Inc (NASDAQ:SATL) currently has a daily average trading volume of 118.33K but it saw 994466 shares traded in last market. With a market cap of 237.78M USD, the company’s current market price of $2.61 came rising about 33.16 while comparing to the previous closing price of $1.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.52 and as low as $0.72. In the recent trading on the day, stock has struck highest price mark of $2.02 while lowest mark touched by it was $2.72.
Taking a look at 20-day trading activity of Satellogic Inc (SATL) gives us an average price of $1.3300, while its current price level is 3.57% below from 52-week high level whereas it is 262.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1300 while that of 200 days or SMA-200 reads an average of $1.2300. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.33% during that period while stretching the period over a month that decreases to 13.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 86.60 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Piper Sandler which initiated the stock as “Underweight” in its note to investors issued on May 10, 2022, recommending a price target of $5 for it.
Over the week, SATL’s stock price is moving 87.77% up while it is 173.30% when we observe its performance for the past one month. Year-to-date it is 49.14% up and over the past year, the stock is showing an upside performance of 97.73%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Satellogic Inc’s total number of outstanding shares is 76.72M. Stock’s beta reads 2.01. Stock has a price to book (P/B) ratio of 12.47.
