Remitly Global Inc (RELY) concluded trading on Thursday at a closing price of $17.16, with 3.98 million shares of worth about $68.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.78% during that period and on July 24, 2025 the price saw a loss of about -1.44%. Currently the company’s common shares owned by public are about 203.83M shares, out of which, 163.74M shares are available for trading.
Stock saw a price change of -0.12% in past 5 days and over the past one month there was a price change of -15.72%. Year-to-date (YTD), RELY shares are showing a performance of 27.30% which decreased to -23.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.43 but also hit the highest price of $27.32 during that period. The average intraday trading volume for Remitly Global Inc shares is 3.35 million. The stock is currently trading -4.19% below its 20-day simple moving average (SMA20), while that difference is down -13.84% for SMA50 and it goes to -16.41% lower than SMA200.
Remitly Global Inc (NASDAQ: RELY) currently have 203.83M outstanding shares and institutions hold larger chunk of about 64.50% of that.
The stock has a current market capitalization of $3.50B and its 3Y-monthly beta is at 0.12. 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 2.57% while standing at 3.27% over the month.
Stock’s fiscal year EPS is expected to rise by 26.47% while it is estimated to increase by 38.28% in next year. EPS is likely to grow at an annualized rate of 30.99% 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.
