Urgent.ly (NASDAQ:ULY) Shares to Reverse Split on Tuesday, March 18th

Urgent.ly Inc. (NASDAQ:ULY)’s stock is scheduled to reverse split on the morning of Tuesday, March 18th. The 1-12 reverse split was announced on Thursday, March 13th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, March 17th.

Urgent.ly Stock Down 40.3 %

ULY opened at $0.30 on Friday. The company’s 50-day moving average price is $0.51 and its 200 day moving average price is $0.61. Urgent.ly has a fifty-two week low of $0.25 and a fifty-two week high of $3.31. The firm has a market cap of $4.10 million, a price-to-earnings ratio of 0.03 and a beta of 0.85.

Urgent.ly (NASDAQ:ULY) last posted its earnings results on Wednesday, March 12th. The company reported ($0.65) EPS for the quarter. The firm had revenue of $32.03 million during the quarter.

Institutional Investors Weigh In On Urgent.ly

An institutional investor recently bought a new position in Urgent.ly stock. Toronto Dominion Bank acquired a new position in Urgent.ly Inc. (NASDAQ:ULY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 165,750 shares of the company’s stock, valued at approximately $85,000. Toronto Dominion Bank owned 1.23% of Urgent.ly as of its most recent SEC filing. 28.30% of the stock is owned by institutional investors.

About Urgent.ly

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.