Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben Sells 25,100 Shares

Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben sold 25,100 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $0.52, for a total value of $13,052.00. Following the completion of the transaction, the director now directly owns 395,540 shares of the company’s stock, valued at approximately $205,680.80. This trade represents a 5.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Volkow Ben also recently made the following trade(s):

• On Wednesday, November 20th, Volkow Ben sold 9,500 shares of Urgent.ly stock. The stock was sold at an average price of $0.48, for a total value of $4,560.00.
• On Monday, November 18th, Volkow Ben sold 1,100 shares of Urgent.ly stock. The shares were sold at an average price of $0.56, for a total transaction of $616.00.
• On Monday, October 21st, Volkow Ben sold 15,200 shares of Urgent.ly stock. The stock was sold at an average price of $0.66, for a total transaction of $10,032.00.
• On Friday, October 18th, Volkow Ben sold 5,700 shares of Urgent.ly stock. The stock was sold at an average price of $0.66, for a total transaction of $3,762.00.

Urgent.ly Price Performance

Shares of ULY opened at $0.50 on Friday. The stock has a market capitalization of $6.79 million, a price-to-earnings ratio of 0.05 and a beta of 2.86. Urgent.ly Inc. has a 1 year low of $0.41 and a 1 year high of $3.45. The business’s 50 day simple moving average is $0.59 and its 200-day simple moving average is $1.00.

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

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reduced their target price on Urgent.ly from $2.00 to $1.50 and set a “buy” rating on the stock in a report on Wednesday, November 13th.

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.