Remitly Global Inc (RELY) concluded trading on Thursday at a closing price of $19.92, with 2.99 million shares of worth about $59.62 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.23% during that period and on June 12, 2025 the price saw a loss of about -0.70%. Currently the company’s common shares owned by public are about 203.83M shares, out of which, 163.64M shares are available for trading.
Stock saw a price change of -4.60% in past 5 days and over the past one month there was a price change of -17.75%. Year-to-date (YTD), RELY shares are showing a performance of -11.74% which increased to 52.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.60 but also hit the highest price of $27.32 during that period. The average intraday trading volume for Remitly Global Inc shares is 2.59 million. The stock is currently trading -7.40% below its 20-day simple moving average (SMA20), while that difference is down -5.33% for SMA50 and it goes to 0.28% higher than SMA200.
Remitly Global Inc (NASDAQ: RELY) currently have 203.83M outstanding shares and institutions hold larger chunk of about 64.37% of that.
The stock has a current market capitalization of $4.06B and its 3Y-monthly beta is at 0.18. It has posted earnings per share of -$0.03 in the same period. It has Quick Ratio of 2.78 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RELY, volatility over the week remained 2.93% while standing at 2.04% over the month.
Stock’s fiscal year EPS is expected to rise by 35.49% while it is estimated to increase by 37.72% in next year. EPS is likely to grow at an annualized rate of 34.44% for next 5-years, compared to annual growth of 13.42% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Monness Crespi & Hardt on May 08, 2025 offering a Buy rating for the stock and assigned a target price range of between $30 and $32 to it. Coverage by Wells Fargo stated Remitly Global Inc (RELY) stock as an Equal weight in their note to investors on October 31, 2024, suggesting a price target of $18 for the stock. On February 22, 2024, BMO Capital Markets Upgrade their recommendations, while on January 17, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $16. Stock get a Market perform rating from BMO Capital Markets on December 05, 2023.
