Urgent.ly Inc (NASDAQ: ULY) Stock: Can It Go Higher?

In the last trading session, 1.25 million shares of the Urgent.ly Inc (NASDAQ:ULY) were traded, and its beta was 1.54. Most recently the company’s share price was $0.72, and it changed around $0.03 or 3.64% from the last close, which brings the market valuation of the company to $9.65M. ULY currently trades at a discount to its 52-week high of $3.45, offering almost -379.17% off that amount. The share price’s 52-week low was $0.41, which indicates that the current value has risen by an impressive 43.06% since then.

Urgent.ly Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended ULY as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Urgent.ly Inc is expected to report earnings per share of 0 for the current quarter.

Urgent.ly Inc (NASDAQ:ULY) trade information

Instantly ULY has showed a green trend with a performance of 3.64% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9560 on recent trading dayincreased the stock’s daily price by 24.69%. The company’s shares are currently up 40.22% year-to-date, but still up 52.47% over the last five days. On the other hand, Urgent.ly Inc (NASDAQ:ULY) is 45.94% up in the 30-day period.

Urgent.ly Inc (ULY) estimates and forecasts

The year-over-year growth rate is expected to be -22.94%, down from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 31.5M in revenue for the current quarter. 1 analysts expect Urgent.ly Inc to make 34.6M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 45.05M and 40.09M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -30.08%. Forecasts for the next quarter put sales growth at -13.70%.