Remitly Global Inc (NASDAQ: RELY) kicked off on Tuesday, up 4.74% from the previous trading day, before settling in for the closing price of $13.51. Over the past 52 weeks, RELY has traded in a range of $12.08-$27.32.
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 13.42%. While this was happening, its average annual earnings per share was recorded 20.01%. With a float of $166.95 million, this company’s outstanding shares have now reached $209.33 million.
Considering the fact that the conglomerate employs 2800 people, you should pay attention to its efficiency factor.
Remitly Global Inc (RELY) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Remitly Global Inc is 20.14%, while institutional ownership is 72.34%. The most recent insider transaction that took place on Dec 01 ’25, was worth 543,544. In this transaction Director of this company sold 40,776 shares at a rate of $13.33, taking the stock ownership to the 3,654,764 shares. Before that another transaction happened on Dec 01 ’25, when Company’s Director proposed sale 40,776 for $13.55, making the entire transaction worth $552,311.
Remitly Global Inc (RELY) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.19 earnings per share (EPS), higher than consensus estimate (set at 0.1) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.46% during the next five years compared to 13.42% growth over the previous five years of trading.
Remitly Global Inc (NASDAQ: RELY) Trading Performance Indicators
Take a look at Remitly Global Inc’s (RELY) current performance indicators. Last quarter, stock had a quick ratio of 2.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91. Likewise, its price to free cash flow for the trailing twelve months is 15.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.98 in one year’s time.
Technical Analysis of Remitly Global Inc (RELY)
Compared to the last year’s volume of 3.22 million, its volume of 3.72 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.38%.
During the past 100 days, Remitly Global Inc’s (RELY) raw stochastic average was set at 23.22%, which indicates a significant decrease from 94.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.41 in the past 14 days, which was lower than the 0.53 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.60, while its 200-day Moving Average is $18.42. Nevertheless, the first resistance level for the watch stands at $14.40 in the near term. At $14.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.04. If the price goes on to break the first support level at $13.75, it is likely to go to the next support level at $13.36. Should the price break the second support level, the third support level stands at $13.11.
Remitly Global Inc (NASDAQ: RELY) Key Stats
The company with the Market Capitalisation of 2.96 billion has total of 209,046K Shares Outstanding. Its annual sales at the moment are 1,264 M in contrast with the sum of -36,980 K annual income. Company’s last quarter sales were recorded 419,490 K and last quarter income was 8,830 K.
