Needham & Company LLC Has Lowered Expectations for Urgent.ly (NASDAQ:ULY) Stock Price

by · The Cerbat Gem

Urgent.ly (NASDAQ:ULY – Free Report) had its target price lowered by Needham & Company LLC from $2.00 to $1.50 in a research report released on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Urgent.ly Price Performance

Shares of ULY opened at $0.60 on Wednesday. Urgent.ly has a 1 year low of $0.52 and a 1 year high of $4.77. The stock has a 50 day simple moving average of $0.70 and a two-hundred day simple moving average of $1.26. The firm has a market cap of $8.08 million and a P/E ratio of 0.06.

Urgent.ly (NASDAQ:ULY – Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.79) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.11). The firm had revenue of $36.25 million for the quarter.

About Urgent.ly

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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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