For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Remitly Global Inc (NASDAQ: RELY) closed the day trading at $19.61 down -3.68% from the previous closing price of $20.36. In other words, the price has decreased by -$3.68 from its previous closing price. On the day, 2.34 million shares were traded.
Ratios:
For a better understanding of RELY, let’s look at its different 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 11.30. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 25 ’25 when SAEMA SOMALYA bought 18,045 shares for $20.36 per share.
Riese Phillip John sold 5,000 shares of RELY for $102,400 on Jun 17 ’25. The Director now owns 117,496 shares after completing the transaction at $20.48 per share. On Jun 17 ’25, another insider, Hug Joshua, who serves as the Director of the company, sold 10,000 shares for $20.89 each. As a result, the insider received 208,898 and left with 3,693,811 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95 while its Price-to-Book (P/B) ratio in mrq is 5.52.
Stock Price History:
Over the past 52 weeks, RELY has reached a high of $27.32, while it has fallen to a 52-week low of $11.64. The 50-Day Moving Average of the stock is -6.95%, while the 200-Day Moving Average is calculated to be -2.54%.
Shares Statistics:
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.
