Urgent.ly Inc [NASDAQ: ULY] surged by $143005.51 during the normal trading session on Wednesday and reaching a high of $9.4199 during the day while it closed the day at $143010.0.
Urgent.ly Inc stock has also gained 89.58% of its value over the past 7 days. However, ULY stock has inclined by 109.46% in the 3 months of the year. Over the past six months meanwhile, it has gained 30.07% and lost -58.38% year-on date.
The market cap for ULY stock reached $10.20 million, with 1.24 million shares outstanding and 0.88 million shares in the current float. Compared to the average trading volume of 143.01K shares, ULY reached a trading volume of 24022920 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Urgent.ly Inc [ULY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ULY shares is $12.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ULY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Urgent.ly Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 12, 2023.
ULY stock trade performance evaluation
Urgent.ly Inc [ULY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 89.58. With this latest performance, ULY shares gained by 34.48% in over the last four-week period, additionally plugging by 30.07% over the last 6 months – not to mention a rise of 33.82% in the past year of trading.
Urgent.ly Inc [ULY]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Urgent.ly Inc [ULY] shares currently have an operating margin of -13.99% and a Gross Margin at 19.45%. Urgent.ly Inc’s Net Margin is presently recorded at -27.22%.
Return on Equity for this stock declined to -56.23%, with Return on Assets sitting at -56.23%.
Urgent.ly Inc [ULY]: Institutional Ownership
There are presently around $21.90%, or 23.68% of ULY stock, in the hands of institutional investors. The top three institutional holders of ULY stocks are: MITHAQ CAPITAL SPC with ownership of 1.19 million shares, which is approximately 8.895%. VANGUARD GROUP INC, holding 0.46 million shares of the stock with an approximate value of $$0.79 million in ULY stocks shares; and VANGUARD GROUP INC, currently with $$0.72 million in ULY stock with ownership which is approximately 3.1067%.
