Urgent.ly Inc (NASDAQ:ULY) does about 316.34K shares in volume on a normal day but saw 2244285 shares change hands in the recent trading day. The company now has a market cap of 14.20M USD. Its current market price is $11.41, marking an increase of 52.13% compared to the previous close of $7.50. The 52 week high reached by this stock is $32.04 whilst the lowest price level in 52 weeks is $2.99.
Urgent.ly Inc (ULY) has a 20-day trading average at $5.30 and the current price is -64.39% off the 52-week high compared with 281.61% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.43 and its 200-day simple moving average is $8.12. If we look at the stock’s price movements over the week, volatility stands at 35.79%, which decreases to 15.40% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 82.76 to suggest the stock is overbought.
The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 4.92% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 12, 2023 when Needham initiated the stock to “Buy” and issued a price target of $7.
The current price level is 115.38%, 110.23%, and 40.44% away from its SMA20, SMA50, and SMA200 respectively, with the ULY price moving below the 50-day SMA on current market day. Urgent.ly Inc (ULY) stock is up 150.77% over the week and 132.86% over the past month. Its price is 86.44% year-to-date and -42.72% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $32.8M, which analysts say will come at $137.6M for the current fiscal year and next year at $162.2M. In addition, estimates put the company’s current quarterly revenue at an average of $31.1M.
To reach the target analysts have set, the stock logically needs to grow 4.92 percent from here.
Outstanding shares total 1.12M with insiders holding 5.30% of the shares and institutional holders owning 20.79% of the company’s common stock. The company has a return on investment of -507.28%. The beta has a value of 1.42. Price to sales ratio is 0.10.
