Volkow Ben Sells 25,100 Shares of Urgent.ly Inc. (NASDAQ:ULY) Stock

Urgent.ly Inc. (NASDAQ:ULY) Director Volkow Ben sold 25,100 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $0.52, for a total value of $13,052.00. Following the completion of the sale, the director now owns 395,540 shares in the company, valued at approximately $205,680.80. The trade was a 5.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 stock was 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 transaction of $616.00.
• On Monday, October 21st, Volkow Ben sold 15,200 shares of Urgent.ly stock. The shares were sold at an average price of $0.66, for a total transaction of $10,032.00.
• On Friday, October 18th, Volkow Ben sold 5,700 shares of Urgent.ly stock. The stock was sold at an average price of $0.66, for a total transaction of $3,762.00.

Urgent.ly Trading Down 4.1 %

ULY opened at $0.50 on Friday. The company has a market capitalization of $6.79 million, a price-to-earnings ratio of 0.05 and a beta of 2.86. Urgent.ly Inc. has a 12-month low of $0.41 and a 12-month high of $3.45. The business’s fifty day simple moving average is $0.59 and its 200-day simple moving average is $1.00.

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

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC lowered their price target on Urgent.ly from $2.00 to $1.50 and set a “buy” rating for the company in a 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.