Urgent.ly Inc’s filing revealed that its Director Ben Volkow unloaded Company’s shares for reported $6910.0 on Sep 20 ’24. In the deal valued at $0.81 per share,8,478 shares were sold. As a result of this transaction, Ben Volkow now holds 474,796 shares worth roughly $0.31 million.
Then, Ben Volkow sold 16,000 shares, generating $12,586 in total proceeds. Upon selling the shares at $0.79, the Director now owns 483,274 shares.
Before that, Ben Volkow sold 2,600 shares. Urgent.ly Inc shares valued at $2,194 were divested by the Director at a price of $0.84 per share. As a result of the transaction, Ben Volkow now holds 499,274 shares, worth roughly $0.32 million.
Needham initiated its Urgent.ly Inc [ULY] rating to a Buy in a research note published on December 12, 2023; the price target was $7.
Price Performance Review of ULY
On Monday, Urgent.ly Inc [NASDAQ:ULY] saw its stock fall -1.69% to $0.65. Over the last five days, the stock has gained 6.96%. Urgent.ly Inc shares have fallen nearly -79.45% since the year began. Nevertheless, the stocks have fallen -88.59% over the past one year. While a 52-week high of $12.00 was reached on 03/13/24, a 52-week low of $0.57 was recorded on 10/15/24. SMA at 50 days reached $0.8155, while 200 days put it at $1.6743.
Levels Of Support And Resistance For ULY Stock
The 24-hour chart illustrates a support level at 0.6050, which if violated will result in even more drops to 0.5587. On the upside, there is a resistance level at 0.7073. A further resistance level may holdings at 0.7633. The Relative Strength Index (RSI) on the 14-day chart is 41.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0053, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.67%. Stochastics %K at 54.29% indicates the stock is a holding.
How much short interest is there in Urgent.ly Inc?
A steep rise in short interest was recorded in Urgent.ly Inc stocks on 2024-09-30, growing by 0.2 million shares to a total of 0.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 43546.0 shares. There was a rise of 82.48%, which implies that there is a positive sentiment for the stock.
