Urgent.ly (NASDAQ:ULY) Now Covered by Chardan Capital

Chardan Capital started coverage on shares of Urgent.ly (NASDAQ:ULY) in a research note released on Tuesday, MarketBeat reports. The firm issued a neutral rating and a $15.00 target price on the stock.

Several other research firms have also weighed in on ULY. Needham & Company LLC reduced their price objective on Urgent.ly from $18.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Wall Street Zen upgraded Urgent.ly from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th.

Urgent.ly Trading Up 9.4%

NASDAQ:ULY opened at $7.00 on Tuesday. The company has a 50-day moving average of $6.77 and a 200-day moving average of $6.01. The firm has a market cap of $8.68 million, a price-to-earnings ratio of -0.22 and a beta of -1.42. Urgent.ly has a twelve month low of $2.99 and a twelve month high of $22.50.

Urgent.ly (NASDAQ:ULY) last released its earnings results on Tuesday, May 13th. The company reported ($4.69) EPS for the quarter. The company had revenue of $31.27 million for the quarter.

Hedge Funds Weigh In On Urgent.ly

A hedge fund recently bought a new stake in Urgent.ly stock. Toronto Dominion Bank acquired a new position in shares of Urgent.ly Inc. (NASDAQ:ULY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 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. 28.30% of the stock is owned by institutional investors.

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.