Satellogic (NASDAQ:SATLW – Get Free Report) is anticipated to issue its results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of ($0.0250) per share and revenue of $9.5750 million for the quarter.
Satellogic Stock Up 55.0%
Satellogic stock traded up $0.17 during midday trading on Monday, hitting $0.47. 47,613 shares of the company were exchanged, compared to its average volume of 76,584. The business has a fifty day simple moving average of $1.42 and a two-hundred day simple moving average of $1.35. Satellogic has a fifty-two week low of $0.08 and a fifty-two week high of $5.00.
About Satellogic
Satellogic is a New York–listed geospatial analytics company specializing in the design, manufacture and operation of Earth observation satellites. Leveraging a proprietary high-resolution imaging platform, the company provides frequent revisit imagery and analytics to support applications in agriculture, forestry, infrastructure monitoring, and defense. Satellogic’s vertically integrated approach encompasses satellite development, ground station operations and data processing to deliver actionable insights to commercial and government clients.
Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic has pursued an ambitious plan to build a large constellation of small, cost-effective satellites.
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