Satellogic Inc (SATL) saw an uptrend of 32.00% in the recent trading with $1.32 being its most recent. The current price level -47.62% lower than the highest price of $2.52 marked by the stock while trading over the past 52-weeks, whereas it is 83.33% higher than the lowest price of $0.72 the company dropped to over past 52-weeks. The latest news story on SATL appeared in (Business Wire) under the title “Satellogic Selected for NASA’s Commercial SmallSat Data Acquisition Program”.
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Looking into the simple moving average, Satellogic Inc (SATL)’s stock stands at a SMA-50 of $1.0129 while that of 5-day is reading $1.0660.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and SATL’s SMA-200 as of now is $1.2223.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 5.00 for the stock.
Satellogic Inc Earnings – What Happened With SATL
Coming around sales and income figures on SATL Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
SATL – Satellogic Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 76.72 million. SATL does have institutional investors; and they hold 15.69% of the stock.
Satellogic Inc – Insider Activity and Holdings
As on 2024-06-30, CANTOR FITZGERALD, L. P. was the top most holder in Satellogic Inc (NASDAQ:SATL) with an ownership of 13.38 million shares of the company or 14.944 of the stake worth $12.0 million. The filing also reveals SOFTBANK GROUP CORP. as the second largest holder in the company with a control over 2.8844 of the outstanding shares. Its stake is worth $2.69 million for having 2.58 million shares in hand.
Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 5.00 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Satellogic Inc has a debt to equity ratio of 2.06.
Technical Analysis of Satellogic Inc (NASDAQ:SATL) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Satellogic Inc (SATL), we notice that the stock’s 20-day average volume is at 94,410 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 81,202 shares. And to end, SATL’s 100-day average volume is 75,032 shares with 50% of the long-term indicators pointing towards Buy for the stock.