Satellogic (NASDAQ:SATLW) Trading Down 4.2% – Time to Sell?

Satellogic Inc. (NASDAQ:SATLWGet Free Report)’s share price was down 4.2% during mid-day trading on Wednesday . The company traded as low as $0.28 and last traded at $0.50. Approximately 114,057 shares were traded during trading, an increase of 200% from the average daily volume of 37,996 shares. The stock had previously closed at $0.52.

Satellogic Stock Performance

The business has a 50 day moving average price of $0.17 and a 200-day moving average price of $0.09.

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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