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 firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $0.52, for a total value of $13,052.00. Following the sale, the director now owns 395,540 shares in the company, valued at $205,680.80. The trade was a 5.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, November 20th, Volkow Ben sold 9,500 shares of Urgent.ly stock. The shares were 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 stock was sold at an average price of $0.56, for a total value 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 value of $10,032.00.
• On Friday, October 18th, Volkow Ben sold 5,700 shares of Urgent.ly stock. The shares were sold at an average price of $0.66, for a total transaction of $3,762.00.

Urgent.ly Stock Down 4.1 %

Shares of Urgent.ly stock traded down $0.02 during trading on Friday, reaching $0.50. 250,949 shares of the stock were exchanged, compared to its average volume of 180,497. Urgent.ly Inc. has a 1 year low of $0.41 and a 1 year high of $3.45. The firm has a market cap of $6.79 million, a price-to-earnings ratio of 0.05 and a beta of 2.86. The stock’s fifty day moving average is $0.59 and its 200 day moving average is $1.00.

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

Wall Street Analyst Weigh In

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

About Urgent.ly

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.