The key reasons why Remitly Global Inc (RELY) is -47.66% away from 52-week high?

Sana Meer

Remitly Global Inc (NASDAQ: RELY) started the day on Wednesday, with a price decrease of -0.90% at $14.3, before settling in for the price of $14.43 at the close. Taking a more long-term approach, RELY posted a 52-week range of $12.08-$27.32.

The Technology Sector giants’ yearly sales growth during the last 5-year period was 13.42%. Meanwhile, its Annual Earning per share during the time was 13.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 20.01%. This publicly-traded company’s shares outstanding now amounts to $209.33 million, simultaneously with a float of $167.53 million. The organization now has a market capitalization sitting at $2.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.35, while the 200-day Moving Average is $17.99.

Remitly Global Inc (RELY) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Remitly Global Inc’s current insider ownership accounts for 19.86%, in contrast to 72.35% institutional ownership. According to the most recent insider trade that took place on Dec 15 ’25, this organization’s Director sold 4,500 shares at the rate of 14.56, making the entire transaction reach 65,520 in total value, affecting insider ownership by 37,076.

Remitly Global Inc (RELY) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

Remitly Global Inc’s EPS increase for this current 12-month fiscal period is 20.01% and is forecasted to reach 0.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 28.83% 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). It’s Quick Ratio in the last reported quarter now stands at 2.88. Alongside those numbers, its PE Ratio stands at $152.61, and its Beta score is 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.94. Similarly, its price to free cash flow for trailing twelve months is now 15.45.

In the same vein, RELY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.09, a figure that is expected to reach 0.16 in the next quarter, and analysts are predicting that it will be 0.98 at the market close of one year from today.

Technical Analysis of Remitly Global Inc (RELY)

If we take a close look at the recent performances of Remitly Global Inc (NASDAQ: RELY), its last 5-days Average volume was 2.09 million that shows plunge from its year to date volume of 3.21 million. During the previous 9 days, stock’s Stochastic %D was recorded 31.37% While, its Average True Range was 52.08.

Raw Stochastic average of Remitly Global Inc (RELY) in the period of the previous 100 days is set at 24.90%, which indicates a major fall in contrast to 40.00% 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 0.50 that was lower than 0.53 volatility it exhibited in the past 100-days period.

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