Needham & Company LLC Issues Pessimistic Forecast for Urgent.ly (NASDAQ:ULY) Stock Price

Urgent.ly (NASDAQ:ULYGet Free Report) had its target price dropped by equities researchers at Needham & Company LLC from $2.00 to $1.50 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price target points to a potential upside of 147.93% from the stock’s current price.

Urgent.ly Stock Performance

NASDAQ ULY opened at $0.61 on Wednesday. Urgent.ly has a one year low of $0.52 and a one year high of $4.77. The stock has a 50-day moving average of $0.71 and a 200 day moving average of $1.27. The company has a market capitalization of $8.12 million and a price-to-earnings ratio of 0.06.

Urgent.ly (NASDAQ:ULYGet Free Report) last announced its quarterly earnings results on Monday, August 12th. The company reported ($0.87) EPS for the quarter. The firm had revenue of $34.54 million for the quarter.

Urgent.ly Company Profile

(Get Free Report)

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.

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