Satellogic Inc [SATL] stock prices are up 46.31% to $2.18 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SATL shares have gain 45.33% over the last week, with a monthly amount glided 58.11%, and seem to be holding up well over a long-time horizon.
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On 7, December 2023, Uzma and Satellogic Sign Multi-Million Dollar +3-Year Agreement to Advance Geospatial Capabilities in Southeast Asia. In a post published today on Yahoo Finance, Collaboration Expands Access to Earth Observation Data and Satellite Technology in Alignment with Malaysia Space Exploration 2030 Initiative.
From an analyst’s perspective:
Satellogic Inc [NASDAQ: SATL] stock has seen the most recent analyst activity on May 10, 2022, when Piper Sandler initiated its Underweight rating and assigned the stock a price target of $5.
The stock price of Satellogic Inc [SATL] has been fluctuating between $0.69 and $3.02 over the past year. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Satellogic Inc [NASDAQ: SATL] shares were valued at $2.18 at the most recent close of the market. An investor can expect a potential return of 129.36% based on the average SATL price forecast.
Analyzing the SATL fundamentals
Gross Profit Margin for this corporation currently stands at -1.92% with Operating Profit Margin at -11.91%, Pretax Profit Margin comes in at -8.47%, and Net Profit Margin reading is -9.47%. To continue investigating profitability, this company’s Return on Assets is posted at -0.97, Equity is -1.11 and Total Capital is -1.59. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7400 points at the first support level, and at 1.2900 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.4600, and for the 2nd resistance point, it is at 2.7300.
Ratios To Look Out For
It’s worth pointing out that Satellogic Inc [NASDAQ:SATL]’s Current Ratio is 1.67. Further, the Quick Ratio stands at 1.67, while the Cash Ratio is 1.44. Considering the valuation of this stock, the price to sales ratio is 28.70, the price to book ratio is 3.12.
