RELY Stock Overview
Provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally.
Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 5/6 |
Past Performance | 0/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
Remitly Global, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$13.09 |
52 Week High | US$27.95 |
52 Week Low | US$12.71 |
Beta | 0.11 |
1 Month Change | -8.65% |
3 Month Change | -36.64% |
1 Year Change | -34.55% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -72.98% |
Recent News & Updates
Recent updates
Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch
May 03Remitly: An Interesting Growth Play Is Awaiting Operating Leverage
Apr 22Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 24Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing
Feb 13Buy Remitly As Fears Around Marketing Spend Are Unfounded
Jan 30Remitly Global, Inc. (NASDAQ:RELY) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless
Nov 05We're Hopeful That Remitly Global (NASDAQ:RELY) Will Use Its Cash Wisely
Oct 23Remitly Global Grows Revenue But Operating Losses Worsen
Oct 08Remitly Global: Time To Get Upbeat
Aug 28Remitly Global acquires Israeli-based Rewire for $80M
Aug 16Companies Like Remitly Global (NASDAQ:RELY) Can Afford To Invest In Growth
Jun 13Analysts Have Been Trimming Their Remitly Global, Inc. (NASDAQ:RELY) Price Target After Its Latest Report
May 08Remitly: Recovery Is On The Horizon
Apr 10Shareholder Returns
RELY | US Diversified Financial | US Market | |
---|---|---|---|
7D | 1.2% | 0.7% | 1.2% |
1Y | -34.6% | 20.6% | 20.8% |
Return vs Industry: RELY underperformed the US Diversified Financial industry which returned 22% over the past year.
Return vs Market: RELY underperformed the US Market which returned 22.5% over the past year.
Price Volatility
RELY volatility | |
---|---|
RELY Average Weekly Movement | 5.1% |
Diversified Financial Industry Average Movement | 4.8% |
Market Average Movement | 5.8% |
10% most volatile stocks in US Market | 15.7% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: RELY's share price has been volatile over the past 3 months.
Volatility Over Time: RELY's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | 2,700 | Matt Oppenheimer | www.remitly.com/us/en |
Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington.
Remitly Global, Inc. Fundamentals Summary
RELY fundamental statistics | |
---|---|
Market cap | US$2.52b |
Earnings (TTM) | -US$110.61m |
Revenue (TTM) | US$1.01b |
2.5x
P/S Ratio-22.8x
P/E RatioIs RELY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RELY income statement (TTM) | |
---|---|
Revenue | US$1.01b |
Cost of Revenue | US$426.13m |
Gross Profit | US$583.41m |
Other Expenses | US$694.01m |
Earnings | -US$110.61m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | -0.57 |
Gross Margin | 57.79% |
Net Profit Margin | -10.96% |
Debt/Equity Ratio | 27.7% |
How did RELY perform over the long term?
See historical performance and comparison