Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Urgent.ly Inc shares valued at $13,082 were sold by Ben Volkow on Dec 18 ’24. At $0.52 per share, Ben Volkow sold 25,100 shares. The insider’s holdings dropped to 395,540 shares worth approximately $0.21 million following the completion of this transaction.
Also, Ben Volkow sold 1,978 shares, netting a total of over 1,004 in proceeds. Following the sale of shares at $0.51 each, the insider now holds 393,562 shares.
Before that, Ben Volkow had added 81,234 shares to its account. In a trade valued at $43,460, the Director bought Urgent.ly Inc shares for $0.53 each.
As published in their initiating research note from Needham on December 12, 2023, Urgent.ly Inc [ULY] has been a Buy and the price target has been revised to $7.
Analyzing ULY Stock Performance
During the last five days, there has been a surge of approximately 4.08%. Over the course of the year, Urgent.ly Inc shares have jumped approximately 4.08%. Shares of the company reached a 52-week high of $0.6320 on 01/08/25 and a 52-week low of $0.4130 on 01/03/25. A 50-day SMA is recorded $0.5474, while a 200-day SMA reached $1.1853. Nevertheless, trading volume fell to 0.18 million shares from 0.33 million shares the previous day.
Support And Resistance Levels for Urgent.ly Inc (ULY)
According to the 24-hour chart, there is a support level at 0.4912, which, if violated, would cause prices to drop to 0.4516. In the upper region, resistance lies at 0.6012. The next price resistance is at 0.6716. RSI (Relative Strength Index) is 50.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0649, which suggests the price will decrease in the coming days. Percent R is at 46.21%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
