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

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

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

Urgent.ly Price Performance

Shares of NASDAQ:ULY opened at $3.00 on Friday. The company’s fifty day moving average price is $3.71 and its 200 day moving average price is $5.43. Urgent.ly has a 12 month low of $2.63 and a 12 month high of $17.99. The firm has a market capitalization of $4.20 million, a P/E ratio of -0.11 and a beta of -1.53.

Urgent.ly (NASDAQ:ULY) last announced 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 company had revenue of $31.70 million for the quarter, compared to analysts’ expectations of $31.00 million.

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.