Witnessing the stock’s movement on the chart, on Thursday, Remitly Global Inc (NASDAQ: RELY) had a quiet start as it plunged -0.76% to $23.66, before settling in for the price of $23.84 at the close. Taking a more long-term approach, RELY posted a 52-week range of $11.60-$27.32.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 60.47%. Meanwhile, its Annual Earning per share during the time was 13.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.15%. This publicly-traded company’s shares outstanding now amounts to $200.53 million, simultaneously with a float of $145.41 million. The organization now has a market capitalization sitting at $4.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $23.60, while the 200-day Moving Average is $17.03.
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 26.59%, in contrast to 61.07% institutional ownership. According to the most recent insider trade that took place on Feb 25 ’25, this organization’s CLCAO sold 10,495 shares at the rate of 23.94, making the entire transaction reach 251,250 in total value, affecting insider ownership by 55,586.
Remitly Global Inc (RELY) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
Remitly Global Inc’s EPS increase for this current 12-month fiscal period is 45.15% and is forecasted to reach 1.19 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 35.58% through the next 5 years, which can be compared against the 13.42% growth it accomplished over the previous five years trading on the market.
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 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.76. Similarly, its price to free cash flow for trailing twelve months is now 26.85.
In the same vein, RELY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.19, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 1.19 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 3.09 million indicated improvement to the volume of 1.95 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 12.65% While, its Average True Range was 1.05.
Raw Stochastic average of Remitly Global Inc (RELY) in the period of the previous 100 days is set at 75.43%, which indicates a major rise in contrast to 8.04% 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 47.75% that was higher than 41.57% volatility it exhibited in the past 100-days period.
