Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Remitly Global Inc (NASDAQ: RELY) closed at $18.77 down -0.74% from its previous closing price of $18.91. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 2.59 million shares were traded. RELY stock price reached its highest trading level at $19.5407 during the session, while it also had its lowest trading level at $18.56.
Ratios:
For a deeper understanding of Remitly Global Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.81. For the most recent quarter (mrq), Quick Ratio is recorded 2.78 and its Current Ratio is at 2.78. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Monness Crespi & Hardt on May 08, 2025, Reiterated its Buy rating but revised its target price to $32 from $30 previously.
On October 31, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $13 to $18.
BMO Capital Markets Upgraded its Market Perform to Outperform on February 22, 2024, whereas the target price for the stock was revised from $24 to $28.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 25 ’25 when Somalya Saema sold 18,045 shares for $19.93 per share. The transaction valued at 359,637 led to the insider holds 69,775 shares of the business.
SAEMA SOMALYA bought 18,045 shares of RELY for $367,396 on Jun 25 ’25. On Jun 17 ’25, another insider, Riese Phillip John, who serves as the Director of the company, sold 5,000 shares for $20.48 each. As a result, the insider received 102,400 and left with 117,496 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RELY now has a Market Capitalization of 3826433792 and an Enterprise Value of 3353767680. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.82 while its Price-to-Book (P/B) ratio in mrq is 5.29. Its current Enterprise Value per Revenue stands at 2.472 whereas that against EBITDA is 709.792.
Stock Price History:
The Beta on a monthly basis for RELY is 0.14, which has changed by 0.50763047 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, RELY has reached a high of $27.32, while it has fallen to a 52-week low of $11.92. The 50-Day Moving Average of the stock is -10.60%, while the 200-Day Moving Average is calculated to be -7.08%.
Shares Statistics:
For the past three months, RELY has traded an average of 2.86M shares per day and 3921310 over the past ten days. A total of 203.83M shares are outstanding, with a floating share count of 163.60M. Insiders hold about 19.75% of the company’s shares, while institutions hold 64.37% stake in the company. Shares short for RELY as of 1749772800 were 10315060 with a Short Ratio of 3.61, compared to 1747267200 on 8537441. Therefore, it implies a Short% of Shares Outstanding of 10315060 and a Short% of Float of 6.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
