Needham & Company LLC Has Lowered Expectations for Urgent.ly (NASDAQ:ULY) Stock Price

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

Urgent.ly Price Performance

Urgent.ly stock opened at $0.60 on Wednesday. The business has a 50 day simple moving average of $0.70 and a 200-day simple moving average of $1.26. Urgent.ly has a 12 month low of $0.52 and a 12 month high of $4.77. The stock has a market capitalization of $8.04 million and a PE ratio of 0.06.

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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