Remitly Global Inc (RELY)’s Market Momentum: Closing Strong at 18.39, Up 1.32

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As of close of business last night, Remitly Global Inc’s stock clocked out at $18.39, up 1.32% from its previous closing price of $18.15. In other words, the price has increased by $1.32 from its previous closing price. On the day, 4.56 million shares were traded. RELY stock price reached its highest trading level at $18.505 during the session, while it also had its lowest trading level at $18.09.

Ratios:

To gain a deeper understanding of RELY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.33. 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.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 25 ’25 when Somalya Saema sold 5,748 shares for $18.83 per share. The transaction valued at 108,235 led to the insider holds 59,156 shares of the business.

SAEMA SOMALYA bought 5,748 shares of RELY for $109,499 on Aug 25 ’25. On Aug 14 ’25, another insider, Riese Phillip John, who serves as the Director of the company, sold 5,000 shares for $20.00 each. As a result, the insider received 100,000 and left with 112,496 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 3791888896 and an Enterprise Value of 3308362240. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 294.71, and their Forward P/E ratio for the next fiscal year is 17.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 4.95. Its current Enterprise Value per Revenue stands at 2.263 whereas that against EBITDA is 90.583.

Stock Price History:

The Beta on a monthly basis for RELY is 0.13, which has changed by 0.33745456 over the last 52 weeks, in comparison to a change of 0.1590569 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 0.53%, while the 200-Day Moving Average is calculated to be -12.02%.

Shares Statistics:

It appears that RELY traded 3.88M shares on average per day over the past three months and 3110300 shares per day over the past ten days. A total of 206.09M shares are outstanding, with a floating share count of 165.69M. Insiders hold about 19.64% of the company’s shares, while institutions hold 74.05% stake in the company. Shares short for RELY as of 1755216000 were 13139569 with a Short Ratio of 3.38, 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

The current market rating for Remitly Global Inc (RELY) reflects the collective analysis of 2.0 analysts closely monitoring its performance.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

In the current quarter, 6 analysts expect revenue to total $414.2M. 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.

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