Satellogic (NASDAQ:SATLW) Shares Down 6.1% – Should You Sell?

Satellogic Inc. (NASDAQ:SATLWGet Free Report) shares were down 6.1% during mid-day trading on Tuesday . The stock traded as low as $0.48 and last traded at $0.56. Approximately 13,291 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 32,012 shares. The stock had previously closed at $0.60.

Satellogic Stock Down 6.1 %

The stock’s fifty day simple moving average is $0.49 and its 200 day simple moving average is $0.28.

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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