14.20

0.21% -0.03

Remitly Global Inc (RELY)

Overview News Price History Option Chain Financials Why RELY Down? Discussions Forecast

Remitly Global Inc stock is currently priced at $14.20, with a 24-hour trading volume of 2.57M. It has seen a -0.21% decreased in the last 24 hours and a -22.19% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $14.26 pivot point. If it approaches the $14.11 support level, significant changes may occur.

Previous Close:

$14.23

Open:

$14.12

24h Volume:

2.57M

Market Cap:

$2.73B

Revenue:

$944.29M

Net Income/Loss:

$-117.84M

P/E Ratio:

-24.48

EPS:

-0.58

Net Cash Flow:

$-62.69M

1W Performance:

-3.27%

1M Performance:

-22.19%

6M Performance:

-34.80%

1Y Performance:

-23.33%

1D Range:

$14.11

$14.35

52W Range:

$13.60

$27.95

Remitly Global Inc Stock (RELY) Company Profile

Name

Remitly Global Inc

Sector

Technology (787)

Industry

Software - Infrastructure (169)

Phone

888 736 4859

Address

111 Third Avenue, Suite 2100, Seattle

Employee

1,700

Twitter

Next Earnings Date

2024-06-12

Latest SEC Filings

RELY's Discussions on Twitter

Remitly Global Inc Stock (RELY) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-17-24	Initiated	Wells Fargo	Underweight
Dec-05-23	Initiated	BMO Capital Markets	Market Perform
Dec-01-23	Downgrade	Wolfe Research	Outperform → Peer Perform
Aug-04-23	Upgrade	Wolfe Research	Peer Perform → Outperform
Mar-27-23	Downgrade	Wolfe Research	Outperform → Peer Perform

Remitly Global Inc Stock (RELY) Latest News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Remitly Global, Inc. - RELY - PR Newswire

PR Newswire

Remitly Global Inc [RELY] Chief Executive Officer makes an insider sale of 10416 shares worth 148324. – Knox Daily - Knox Daily

Knox Daily

2024-05-16 | NDAQ:RELY | Press Release | Remitly Global Inc - Stockhouse Publishing

Stockhouse Publishing

Insider Selling: CEO Matthew Oppenheimer Sells 20,832 Shares of Remitly Global Inc (RELY) - Yahoo Finance Australia

Yahoo Finance Australia

Remitly Announces May 2024 Investor Conference Participation - GlobeNewswire

GlobeNewswire

Technical analysis of Remitly Global Inc (RELY) stock chart patterns – US Post News - US Post News

US Post News

Remitly Global Inc Stock (RELY) Financials Data

Remitly Global Inc (RELY) Revenue 2024

RELY reported a revenue (TTM) of $944.28 million for the quarter ending December 31, 2023, a +44.48% rise year-over-year.

Remitly Global Inc (RELY) Net Income 2024

RELY net income (TTM) was -$117.84 million for the quarter ending December 31, 2023, a -3.35% decrease year-over-year.

Remitly Global Inc (RELY) Cash Flow 2024

RELY recorded a free cash flow (TTM) of -$62.69 million for the quarter ending December 31, 2023, a +45.82% increase year-over-year.

Remitly Global Inc (RELY) Earnings per Share 2024

RELY earnings per share (TTM) was -$0.66 for the quarter ending December 31, 2023, a +2.94% growth year-over-year.

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 135 countries. Remitly Global, Inc. was formerly known as Beamit, Inc. and changed its name to Remitly Global, Inc. in August 2012. The company was incorporated in 2011 and is headquartered in Seattle, Washington.