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

Satellogic Inc. (NASDAQ:SATLWGet Free Report)’s share price dropped 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 mid-day trading, an increase of 200% from the average daily volume of 37,996 shares. The stock had previously closed at $0.52.

Satellogic Price Performance

The stock’s 50 day moving average is $0.14 and its 200-day moving average is $0.08.

Satellogic Company Profile

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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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