After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
RELY belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Remitly Global Inc is $2.59B. A total of 1.05 million shares were traded on the day, compared to an average of 2.13M shares.
In the most recent transaction, Hug Joshua sold 26,239 shares of RELY for 13.23 per share on May 29 ’24. After the transaction, the Vice Chair now owns 3,873,631 company shares. In a previous transaction on May 15 ’24, Yoakum Rene sold 15,000 shares at 14.24 per share. RELY shares that EVP, Customer and Culture owns now total 81,137.
Among the insiders who sold shares, Oppenheimer Matthew B. disposed of 10,416 shares on May 14 ’24 at a per-share price of $14.24. This resulted in the Chief Executive Officer holding 4,636,357 shares of RELY after the transaction. In another insider transaction, Oppenheimer Matthew B. sold 10,416 shares at $14.32 per share on May 13 ’24. Company shares held by the Chief Executive Officer now total 4,646,773.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RELY has a high of $27.95 and a low of $11.60.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RELY’s latest balance sheet shows that the firm has $403.26M in Cash & Short Term Investments as of fiscal 2021. There were $6.15M in debt and $141.62M in liabilities at the time. Its Book Value Per Share was $2.86, while its Total Shareholder’s Equity was $480.33M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RELY is Buy with a score of 4.45.
