Urgent.ly (NASDAQ:ULY) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Urgent.ly (NASDAQ:ULY) from a sell rating to a hold rating in a research report report published on Thursday.

Separately, Needham & Company LLC lowered their price objective on shares of Urgent.ly from $18.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, March 14th.

Urgent.ly Stock Performance

ULY stock opened at $6.79 on Thursday. Urgent.ly has a one year low of $2.99 and a one year high of $25.16. The company has a 50 day moving average price of $6.40 and a two-hundred day moving average price of $6.29. The stock has a market capitalization of $8.45 million, a P/E ratio of 0.73 and a beta of -0.60.

Urgent.ly (NASDAQ:ULY) last announced its quarterly earnings data on Tuesday, May 13th. The company reported ($4.69) earnings per share (EPS) for the quarter. The firm had revenue of $31.27 million for the quarter.

Institutional Trading of Urgent.ly

A hedge fund recently bought a new stake in Urgent.ly stock. Toronto Dominion Bank purchased a new position in shares of Urgent.ly Inc. (NASDAQ:ULY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 165,750 shares of the company’s stock, valued at approximately $85,000. Toronto Dominion Bank owned 1.23% of Urgent.ly at the end of the most recent quarter. Institutional investors own 28.30% of the company’s stock.

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.