B. Riley Financial Inc. Has $227,000 Stake in Urgent.ly Inc. (NASDAQ:ULY)

B. Riley Financial Inc. reduced its position in Urgent.ly Inc. (NASDAQ:ULY) by 20.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 333,771 shares of the company’s stock after selling 83,197 shares during the quarter. Urgent.ly comprises about 0.2% of B. Riley Financial Inc.’s portfolio, making the stock its 11th largest position. B. Riley Financial Inc. owned about 2.49% of Urgent.ly worth $227,000 at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Needham & Company LLC lowered their price target on Urgent.ly from $2.00 to $1.50 and set a “buy” rating for the company in a report on Wednesday, November 13th.

Urgent.ly Trading Up 3.0 %

ULY stock opened at $0.55 on Friday. The firm has a 50-day moving average price of $0.64 and a 200-day moving average price of $1.16. Urgent.ly Inc. has a 12 month low of $0.41 and a 12 month high of $4.77. The stock has a market capitalization of $7.41 million and a P/E ratio of 0.06.

Urgent.ly (NASDAQ:ULY) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.79) EPS for the quarter, missing the consensus estimate of ($0.68) by ($0.11). The company had revenue of $36.25 million for the quarter.

Urgent.ly Company Profile

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.