Urgent.ly (NASDAQ:ULY) Releases Earnings Results

Urgent.ly (NASDAQ:ULY) announced its earnings results on Wednesday. The company reported ($3.63) EPS for the quarter, Zacks reports.

Urgent.ly Price Performance

Shares of NASDAQ ULY traded up $0.12 during midday trading on Wednesday, hitting $2.55. The stock had a trading volume of 28,976 shares, compared to its average volume of 348,809. The firm has a market cap of $3.56 million, a P/E ratio of -0.10 and a beta of -1.53. Urgent.ly has a fifty-two week low of $2.34 and a fifty-two week high of $17.99. The company’s 50-day simple moving average is $3.26 and its 200 day simple moving average is $5.24.

Wall Street Analyst Weigh In

ULY has been the subject of several research analyst reports. Chardan Capital reiterated a “buy” rating and issued a $15.00 price objective on shares of Urgent.ly in a research report on Monday, August 11th. Weiss Ratings restated a “sell (e+)” rating on shares of Urgent.ly in a research note on Wednesday, October 8th. Finally, Needham & Company LLC cut their price target on Urgent.ly from $12.00 to $8.00 and set a “buy” rating for the company in a report on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.50.

About Urgent.ly

Urgent.ly Inc offers mobility assistance software platform for roadside assistance in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its services include car lockout, tire changes, towing, stuck in ditch and winch services, motorcycle towing, electric vehicle towing, jump start, and gas delivery.