ULY Stock Summary and Trading Ideas (Urgently | NASDAQ:ULY)

Urgently Inc is a connected mobility assistance software platform, matching vehicle owners and operators with service professionals who deliver traditional roadside assistance, proactive maintenance and repair services. The traditional experience of a vehicle breakdown is often stressful and inconvenient, compounded by processes that lack transparency and lead to long wait times. Urgently offers an innovative alternative to this traditional experience, leveraging its digitally native software platform to match supply and demand in its network and deliver exceptional mobility assistance experiences at scale.

Urgently trades on the NASDAQ stock market under the symbol ULY.

As of December 13, 2024, ULY stock price declined to $0.51 with 139,921 million shares trading.

ULY has a beta of -0.66, meaning it tends to be less sensitive to market movements. ULY has a correlation of 0.01 to the broad based SPY ETF.

ULY has a market cap of $6.88 million. This is considered a Sub-Micro Cap stock.

Last quarter Urgently reported $36 million in Revenue and -$.79 earnings per share. This fell short of revenue expectation by $-154,000 and missed earnings estimates by -$.11.

The top ETF exchange traded funds that ULY belongs to (by Net Assets): VTI, VXF.

ULY has underperformed the market in the last year with a price return of -82.7% while the SPY ETF gained +29.9%. ULY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -40.7% and -7.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

ULY support price is $.49 and resistance is $.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ULY shares will trade within this expected range on the day.