Urgent.ly’s (ULY) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of Urgent.ly (NASDAQ:ULY) in a report published on Wednesday morning,Weiss Ratings reports.

Several other equities research analysts have also commented on the stock. Chardan Capital restated a “buy” rating and issued a $15.00 price target on shares of Urgent.ly in a report on Monday, August 11th. Needham & Company LLC reduced their price objective on shares of Urgent.ly from $12.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, August 13th. Finally, Wall Street Zen lowered shares of Urgent.ly from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $11.50.

Urgent.ly Stock Performance

NASDAQ:ULY opened at $3.13 on Wednesday. Urgent.ly has a one year low of $2.75 and a one year high of $17.99. The firm has a market cap of $4.38 million, a P/E ratio of -0.12 and a beta of -1.53. The firm has a 50-day simple moving average of $4.11 and a 200-day simple moving average of $5.53.

Urgent.ly (NASDAQ:ULY) last posted its quarterly earnings results on Tuesday, August 12th. The company reported ($4.50) EPS for the quarter, missing the consensus estimate of ($2.70) by ($1.80). The firm had revenue of $31.70 million for the quarter, compared to analyst estimates of $31.00 million.

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.