Satellogic (NASDAQ:SATLW) Shares Down 22.2% – Here’s Why

Satellogic Inc. (NASDAQ:SATLWGet Free Report)’s share price fell 22.2% on Monday . The company traded as low as $0.55 and last traded at $0.55. 28,593 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 36,297 shares. The stock had previously closed at $0.71.

Satellogic Stock Down 22.2 %

The company has a fifty day moving average of $0.47 and a 200-day moving average of $0.22.

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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