Needham & Company LLC Cuts Urgent.ly (NASDAQ:ULY) Price Target to $1.50

Urgent.ly (NASDAQ:ULYFree Report) had its price target lowered by Needham & Company LLC from $2.00 to $1.50 in a research note published on Wednesday,Benzinga reports. The firm currently has a buy rating on the stock.

Urgent.ly Stock Performance

ULY stock opened at $0.60 on Wednesday. The company’s 50 day moving average price is $0.70 and its 200 day moving average price is $1.26. The firm has a market capitalization of $8.04 million and a price-to-earnings ratio of 0.06. Urgent.ly has a fifty-two week low of $0.52 and a fifty-two week high of $4.77.

About Urgent.ly

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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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