Urgent.ly Inc. (NASDAQ:ULY – Get Free Report) was up 10.9% on Tuesday . The stock traded as high as $5.60 and last traded at $3.46. Approximately 18,076,961 shares changed hands during trading, an increase of 30,591% from the average daily volume of 58,899 shares. The stock had previously closed at $3.12.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on ULY shares. Chardan Capital reissued a “buy” rating and set a $15.00 price objective on shares of Urgent.ly in a report on Monday, August 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Urgent.ly in a report on Saturday, September 27th. Needham & Company LLC reduced their price objective on Urgent.ly from $12.00 to $8.00 and set a “buy” rating for the company in a report on Wednesday, August 13th. Finally, Wall Street Zen lowered Urgent.ly from a “hold” rating to a “sell” rating in a report on Saturday, July 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.50.
Urgent.ly Stock Up 10.9%
Urgent.ly (NASDAQ:ULY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported ($4.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.70) by ($1.80). The company had revenue of $31.70 million during the quarter, compared to the consensus estimate of $31.00 million.
Urgent.ly Company Profile
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.
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