Satellogic (NASDAQ:SATLW) Stock Price Up 2.8% – Still a Buy?

Shares of Satellogic Inc. (NASDAQ:SATLWGet Free Report) rose 2.8% during trading on Friday . The stock traded as high as $0.64 and last traded at $0.62. Approximately 45,151 shares traded hands during trading, an increase of 89% from the average daily volume of 23,827 shares. The stock had previously closed at $0.60.

Satellogic Trading Up 2.8%

The firm has a fifty day simple moving average of $0.59 and a 200 day simple moving average of $0.46.

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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