Satellogic Inc. (NASDAQ:SATL – Get Free Report)’s stock price was up 2% on Monday . The stock traded as high as $1.02 and last traded at $1.01. Approximately 75,444 shares traded 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 stock has a 50-day simple moving average of $1.01 and a 200-day simple moving average of $1.08.
Institutional Investors Weigh In On Satellogic
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ground Swell Capital LLC bought a new position in Satellogic in the 2nd quarter valued at approximately $26,000. Joel Isaacson & Co. LLC acquired a new position in shares of Satellogic during the third quarter worth $27,000. Finally, MSA Advisors LLC bought a new position in shares of Satellogic in the 2nd quarter valued at $27,000. 17.58% of the stock is owned by institutional investors.
About Satellogic
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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