(RELY) Remitly Global - Ratings and Ratios
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US75960P1049
RELY: Cross-Border, Money, Transfers, Payments, Remittances, Services
Remitly Global, Inc. is a financial services company that caters to the needs of immigrants, their families, and other individuals in the United States, Canada, and around the world. By providing digital solutions, the company aims to make financial transactions more accessible and convenient for its users. Its primary service is cross-border remittance, which enables people to send and receive money across international borders. This service is available through a user-friendly mobile application and website, making it easy for people to manage their financial transactions on-the-go.
The company's history dates back to 2011, when it was founded with the goal of addressing the financial needs of underserved communities. Today, Remitly Global, Inc. is headquartered in Seattle, Washington, and has established itself as a leading provider of digital financial services. With a strong online presence, the company's website and mobile application have become go-to platforms for people looking to send and receive money internationally. The company's web URL, https://www.remitly.com/us/en, provides users with easy access to its services and information about its products.
From a financial perspective, Remitly Global, Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol RELY. Its common stock is traded under the ISIN code US75960P1049, and the company is classified under the GICS Sub Industry of Transaction & Payment Processing Services. This classification reflects the company's focus on providing digital payment solutions and facilitating financial transactions. By operating in this space, Remitly Global, Inc. is well-positioned to capitalize on the growing demand for digital financial services and cross-border remittance solutions.
Additional Sources for RELY Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
RELY Stock Overview
Market Cap in USD | 4,470m |
Sector | Technology |
Industry | Software - Infrastructure |
GiC Sub-Industry | Transaction & Payment Processing Services |
IPO / Inception | 2021-09-23 |
RELY Stock Ratings
Growth 5y | -39.6% |
Fundamental | -3.23% |
Dividend | - |
Rel. Strength Industry | 15 |
Analysts | 4.18/5 |
Fair Price Momentum | 20.51 USD |
Fair Price DCF | 12.88 USD |
RELY Dividends
No Dividends PaidRELY Growth Ratios
Growth Correlation 3m | 97% |
Growth Correlation 12m | 12.3% |
Growth Correlation 5y | 28.4% |
CAGR 5y | -19.92% |
CAGR/Mean DD 5y | -0.32 |
Sharpe Ratio 12m | 0.92 |
Alpha | 16.53 |
Beta | 0.88 |
Volatility | 37.18% |
Current Volume | 1981.8k |
Average Volume 20d | 1373.6k |
As of January 22, 2025, the stock is trading at USD 23.14 with a total of 1,981,821 shares traded.
Over the past week, the price has changed by +3.30%, over one month by +3.17%, over three months by +57.09% and over the past year by +40.24%.
Neither. Based on ValueRay Fundamental Analyses, Remitly Global is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -3.23 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RELY as of January 2025 is 20.51. This means that RELY is currently overvalued and has a potential downside of -11.37%.
Remitly Global has received a consensus analysts rating of 4.18. Therefor, it is recommend to buy RELY.
- Strong Buy: 4
- Buy: 5
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, RELY Remitly Global will be worth about 22.7 in January 2026. The stock is currently trading at 23.14. This means that the stock has a potential downside of -1.99%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 24.6 | 6.1% |
Analysts Target Price | 24.6 | 6.1% |
ValueRay Target Price | 22.7 | -2% |