Satellogic (NASDAQ:SATLW) Stock Price Up 38.7% – Here’s Why

Shares of Satellogic Inc. (NASDAQ:SATLWGet Free Report) shot up 38.7% on Tuesday . The stock traded as high as $0.10 and last traded at $0.10. 2,555 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 8,349 shares. The stock had previously closed at $0.08.

Satellogic Price Performance

The stock’s 50-day moving average is $0.05 and its 200-day moving average is $0.06.

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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