Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Remitly Global Inc’s stock clocked out at $18.48, up 0.49% from its previous closing price of $18.39. In other words, the price has increased by $0.49 from its previous closing price. On the day, 3.19 million shares were traded. RELY stock price reached its highest trading level at $18.6499 during the session, while it also had its lowest trading level at $18.38.
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 7.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.38. 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 28 ’25 when SAEMA SOMALYA bought 4,479 shares for $18.39 per share.
Somalya Saema sold 5,748 shares of RELY for $108,235 on Aug 25 ’25. The CLCAO now owns 59,156 shares after completing the transaction at $18.83 per share. On Aug 25 ’25, another insider, SAEMA SOMALYA, who serves as the Officer of the company, bought 5,748 shares for $19.05 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 3810446336 and an Enterprise Value of 3328775424. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 296.15, and their Forward P/E ratio for the next fiscal year is 17.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 4.98. Its current Enterprise Value per Revenue stands at 2.277 whereas that against EBITDA is 91.142.
Stock Price History:
The Beta on a monthly basis for RELY is 0.13, which has changed by 0.3538462 over the last 52 weeks, in comparison to a change of 0.15109766 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 1.26%, while the 200-Day Moving Average is calculated to be -11.57%.
Shares Statistics:
It appears that RELY traded 3.91M shares on average per day over the past three months and 3113300 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 3.36, compared to 1752537600 on 13328132. Therefore, it implies a Short% of Shares Outstanding of 13139569 and a Short% of Float of 8.34.
