Urgent.ly (NASDAQ:ULY) Announces Earnings Results

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

Urgent.ly Trading Up 4.9%

Shares of ULY stock traded up $0.12 on Wednesday, hitting $2.55. 28,749 shares of the stock were exchanged, compared to its average volume of 348,805. The firm has a market capitalization of $3.56 million, a PE ratio of -0.10 and a beta of -1.53. The firm’s 50 day moving average is $3.26 and its two-hundred day moving average is $5.24. Urgent.ly has a one year low of $2.34 and a one year high of $17.99.

Wall Street Analysts Forecast Growth

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

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.