Witnessing the stock’s movement on the chart, on Thursday, Remitly Global Inc (NASDAQ: RELY) set off with pace as it heaved 0.49% to $14.48, before settling in for the price of $14.41 at the close. Taking a more long-term approach, RELY posted a 52-week range of $11.60-$27.62.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 67.12%. Meanwhile, its Annual Earning per share during the time was -13.65%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 328.34%. This publicly-traded company’s shares outstanding now amounts to $188.44 million, simultaneously with a float of $144.64 million. The organization now has a market capitalization sitting at $2.83 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.82, while the 200-day Moving Average is $15.69.
Remitly Global Inc (RELY) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Remitly Global Inc’s current insider ownership accounts for 25.88%, in contrast to 61.41% institutional ownership. According to the most recent insider trade that took place on Oct 17 ’24, this organization’s Chief Executive Officer sold 40,119 shares at the rate of 14.22, making the entire transaction reach 570,492 in total value, affecting insider ownership by 4,542,613. Preceding that transaction, on Oct 18 ’24, Company’s Chief Executive Officer sold 10,416 for 14.97, making the whole transaction’s value amount to 155,928. This particular insider is now the holder of 4,532,197 in total.
Remitly Global Inc (RELY) Earnings and Revenue Records
Remitly Global Inc’s EPS increase for this current 12-month fiscal period is 328.34% and is forecasted to reach 0.74 in the upcoming year.
Remitly Global Inc (NASDAQ: RELY) Trading Performance Indicators
Let’s observe the current performance indicators for Remitly Global Inc (RELY). The Stock has managed to achieve an average true range (ATR) of 0.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.61.
In the same vein, RELY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.56, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 0.74 at the market close of one year from today.
Technical Analysis of Remitly Global Inc (RELY)
Going through the that latest performance of [Remitly Global Inc, RELY]. Its last 5-days volume of 1.18 million was inferior to the volume of 1.64 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 71.69% While, its Average True Range was 0.47.
Raw Stochastic average of Remitly Global Inc (RELY) in the period of the previous 100 days is set at 78.37%, which indicates a major rise in contrast to 75.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.67% that was higher than 32.08% volatility it exhibited in the past 100-days period.
