Remitly Global Inc (RELY) is heading in the right direction with an average volume of $2.26M

Remitly Global Inc (NASDAQ: RELY) open the trading on Wednesday, with great promise as it jumped 9.17% to $20.36, before settling in for the price of $18.65 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 firm’s twelve-monthly sales growth has been 60.47% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 13.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.14%. This publicly-traded company’s shares outstanding now amounts to $200.53 million, simultaneously with a float of $149.40 million. The organization now has a market capitalization sitting at $4.08 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.47, while the 200-day Moving Average is $18.11.

Remitly Global Inc (RELY) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Infrastructure industry. Remitly Global Inc’s current insider ownership accounts for 25.53%, in contrast to 60.60% institutional ownership. According to the most recent insider trade that took place on Mar 17 ’25, this organization’s Chief Product and Tech Officer sold 5,000 shares at the rate of 19.01, making the entire transaction reach 95,050 in total value, affecting insider ownership by 397,805. Preceding that transaction, on Mar 18 ’25, Company’s Chief Executive Officer sold 14,583 for 19.60, making the whole transaction’s value amount to 285,827. This particular insider is now the holder of 4,314,930 in total.

Remitly Global Inc (RELY) Earnings and Revenue Records

Remitly Global Inc’s EPS increase for this current 12-month fiscal period is 45.14% and is forecasted to reach 1.17 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 35.57% 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 1.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.23. Similarly, its price to free cash flow for trailing twelve months is now 23.10.

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 1.17 at the market close of one year from today.

Technical Analysis of Remitly Global Inc (RELY)

[Remitly Global Inc, RELY] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 44.72% While, its Average True Range was 1.25.

Raw Stochastic average of Remitly Global Inc (RELY) in the period of the previous 100 days is set at 29.70%, which indicates a major fall in contrast to 70.84% 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 58.79% that was higher than 39.29% volatility it exhibited in the past 100-days period.