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In the latest session, Remitly Global Inc (NASDAQ: RELY) closed at $20.25 up 1.61% from its previous closing price of $19.93. In other words, the price has increased by $1.61 from its previous closing price. On the day, 3.37 million shares were traded. RELY stock price reached its highest trading level at $20.995 during the session, while it also had its lowest trading level at $20.12.

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 8.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.47. For the most recent quarter (mrq), Quick Ratio is recorded 2.85 and its Current Ratio is at 2.85. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

On May 08, 2025, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $30 to $32. Wells Fargo Upgraded its Underweight to Equal Weight on October 31, 2024, whereas the target price for the stock was revised from $13 to $18.

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 Sep 05 ’25 when Tavis Luke sold 2,920 shares for $20.00 per share. The transaction valued at 58,400 led to the insider holds 2,416 shares of the business.

Riese Phillip John sold 5,000 shares of RELY for $100,000 on Sep 05 ’25. The Director now owns 112,496 shares after completing the transaction at $20.00 per share. On Sep 05 ’25, another insider, PHILLIP RIESE, who serves as the Director of the company, bought 5,000 shares for $19.68 each.

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 4175408128 and an Enterprise Value of 3691881728. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 324.52, and their Forward P/E ratio for the next fiscal year is 19.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 5.46. Its current Enterprise Value per Revenue stands at 2.525 whereas that against EBITDA is 101.084.

Stock Price History:

The Beta on a monthly basis for RELY is 0.13, which has changed by 0.4705882 over the last 52 weeks, in comparison to a change of 0.1725707 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 $12.43. The 50-Day Moving Average of the stock is 11.20%, while the 200-Day Moving Average is calculated to be -3.05%.

Shares Statistics:

For the past three months, RELY has traded an average of 3.99M shares per day and 3603480 over the past ten days. A total of 206.09M shares are outstanding, with a floating share count of 165.53M. Insiders hold about 19.72% of the company’s shares, while institutions hold 74.08% stake in the company. Shares short for RELY as of 1755216000 were 13139569 with a Short Ratio of 3.29, compared to 1752537600 on 13328132. Therefore, it implies a Short% of Shares Outstanding of 13139569 and a Short% of Float of 8.34.

Earnings Estimates

As of right now, 2.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.17, with high estimates of $0.18 and low estimates of $0.17.

Analysts are recommending an EPS of between $0.73 and $0.72 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $1.07, with 3.0 analysts recommending between $1.1 and $1.03.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $414.2M this quarter.It ranges from a high estimate of $422.51M to a low estimate of $412.15M. As of the current estimate, Remitly Global Inc’s year-ago sales were $336.53MFor the next quarter, 6 analysts are estimating revenue of $433.18M. There is a high estimate of $445.12M for the next quarter, whereas the lowest estimate is $429.46M.

A total of 6 analysts have provided revenue estimates for RELY’s current fiscal year. The highest revenue estimate was $1.64B, while the lowest revenue estimate was $1.62B, resulting in an average revenue estimate of $1.62B. In the same quarter a year ago, actual revenue was $1.26BBased on 6 analysts’ estimates, the company’s revenue will be $1.96B in the next fiscal year. The high estimate is $2B and the low estimate is $1.93B.