18.43

2.18% -0.41

Pre-market: 19.00 0.57 +3.09%

Remitly Global Inc (RELY)

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

Remitly Global Inc stock is currently priced at $18.43, with a 24-hour trading volume of 921.78K. It has seen a -2.18% decreased in the last 24 hours and a -11.27% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $18.76 pivot point. If it approaches the $18.43 support level, significant changes may occur.

Previous Close:

$18.84

Open:

$18.8

24h Volume:

921.78K

Market Cap:

$3.47B

Revenue:

$944.29M

Net Income/Loss:

$-117.84M

P/E Ratio:

-31.78

EPS:

-0.58

Net Cash Flow:

$-62.69M

1W Performance:

-0.86%

1M Performance:

-11.27%

6M Performance:

-32.17%

1Y Performance:

+3.48%

1D Range:

$18.10

$18.80

52W Range:

$15.83

$27.95

Remitly Global Inc Stock (RELY) Company Profile

Name

Remitly Global Inc

Sector

Technology (768)

Industry

Software - Infrastructure (158)

Phone

888 736 4859

Address

111 Third Avenue, Suite 2100, Seattle

Employee

1,700

Twitter

Next Earnings Date

2024-05-01

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

Wall Street Analysts Believe Remitly Global, Inc. (RELY) Could Rally 28.24%: Here's is How to Trade

Zacks Investment Research

Remitly Announces Upcoming Investor Conference Participation

GlobeNewswire Inc.

Why Remitly Global Stock Was Soaring Today

The Motley Fool

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 Stock (RELY) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
Yoakum Rene	EVP, Customer and Culture	Apr 15 '24	Sale	18.67	15,000	280,120	81,137
Hug Joshua	Chief Operating Officer	Apr 10 '24	Sale	20.30	20,000	406,042	3,873,631
Hug Joshua	Chief Operating Officer	Apr 09 '24	Sale	21.03	20,000	420,630	3,893,631
Hug Joshua	Chief Operating Officer	Apr 04 '24	Sale	20.69	20,000	413,790	3,913,631
Hug Joshua	Chief Operating Officer	Apr 03 '24	Sale	20.42	20,000	408,488	3,933,631
Hug Joshua	Chief Operating Officer	Mar 28 '24	Sale	20.98	20,000	419,528	3,953,631
Hug Joshua	Chief Operating Officer	Mar 27 '24	Sale	20.78	20,000	415,518	3,973,631
Hug Joshua	Chief Operating Officer	Mar 20 '24	Sale	20.56	20,000	411,262	3,993,631
Hug Joshua	Chief Operating Officer	Mar 19 '24	Sale	20.00	41,716	834,224	4,013,631
Yoakum Rene	EVP, Customer and Culture	Mar 15 '24	Option Exercise	1.70	15,000	25,500	96,137

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.