Satellogic (NASDAQ:SATLW) Trading Down 4.2% – Should You Sell?

Shares of Satellogic Inc. (NASDAQ:SATLWGet Free Report) traded down 4.2% during trading on Wednesday . The company traded as low as $0.28 and last traded at $0.50. 114,057 shares traded hands during trading, an increase of 200% from the average session volume of 37,996 shares. The stock had previously closed at $0.52.

Satellogic Price Performance

The company’s fifty day simple moving average is $0.17 and its 200 day simple moving average is $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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