An Evaluation Of Remitly Global Inc (NASDAQ: RELY) Prospects

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.

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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 $3.88B. A total of 1.41 million shares were traded on the day, compared to an average of 1.77M shares.

In the most recent transaction, RENE YOAKUM bought 45,000 shares of RELY for 19.83 per share on Nov 15 ’24. In a previous transaction on Nov 13 ’24, Oppenheimer Matthew B. sold 14,591 shares at 20.42 per share. RELY shares that Chief Executive Officer owns now total 4,517,606.

Among the insiders who sold shares, Oppenheimer Matthew B. disposed of 14,583 shares on Nov 14 ’24 at a per-share price of $19.82. This resulted in the Chief Executive Officer holding 4,503,023 shares of RELY after the transaction. In another insider transaction, Yoakum Rene sold 17,310 shares at $20.16 per share on Nov 13 ’24. Company shares held by the EVP, Customer and Culture now total 122,522.

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 $22.49 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.

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 4.64.

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