Market cap of Satellogic Inc [SATL] reaches 485.15M – now what?

Satellogic Inc [NASDAQ: SATL] gained 12.29% or 0.51 points to close at $4.66 with a heavy trading volume of 3957131 shares.

The daily chart for SATL points out that the company has recorded 343.64% gains over the past six months.

If we look at the average trading volume of 811.48K shares, SATL reached to a volume of 3957131 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Satellogic Inc [SATL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SATL shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SATL stock is a recommendation set at 5.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for Satellogic Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 10, 2022.

The Average True Range (ATR) for Satellogic Inc is set at 0.47, with the Price to Sales ratio for SATL stock in the period of the last 12 months amounting to 37.70.

Trading performance analysis for SATL stock

Satellogic Inc [SATL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.17. With this latest performance, SATL shares gained by 19.18% in over the last four-week period, additionally plugging by 343.64% over the last 6 months – not to mention a rise of 230.50% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SATL stock in for the last two-week period is set at 60.90, with the RSI for the last a single of trading hit 65.25, and the three-weeks RSI is set at 58.46 for Satellogic Inc [SATL]. The present Moving Average for the last 50 days of trading for this stock 3.80, while it was recorded at 4.26 for the last single week of trading, and 2.44 for the last 200 days.

Satellogic Inc [SATL]: A deeper dive into fundamental analysis

Satellogic Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.58 and a Current Ratio set at 0.58.

An analysis of Institutional ownership at Satellogic Inc [SATL]

The top three institutional holders of SATL stocks are: CANTOR FITZGERALD, L. P. with ownership of 13.38 million shares, which is approximately 14.944%. SOFTBANK GROUP CORP., holding 2.58 million shares of the stock with an approximate value of $$2.69 million in SATL stocks shares; and SOFTBANK GROUP CORP., currently with $$0.3 million in SATL stock with ownership which is approximately 0.3216%.

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