After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Remitly Global Inc is $4.65B. A total of 1.83 million shares were traded on the day, compared to an average of 1.89M shares.
In the most recent transaction, Yoakum Rene sold 15,000 shares of RELY for 21.44 per share on Dec 16 ’24. After the transaction, the EVP, Customer and Culture now owns 143,213 company shares. In a previous transaction on Dec 11 ’24, Oppenheimer Matthew B. sold 14,583 shares at 21.61 per share. RELY shares that Chief Executive Officer owns now total 4,402,428.
Among the insiders who sold shares, Oppenheimer Matthew B. disposed of 14,583 shares on Dec 10 ’24 at a per-share price of $20.86. This resulted in the Chief Executive Officer holding 4,417,011 shares of RELY after the transaction. In another insider transaction, Hug Joshua sold 22,198 shares at $20.62 per share on Nov 26 ’24. Company shares held by the Vice Chair now total 3,873,811.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RELY has a high of $22.70 and a low of $11.60.
As of this writing, RELY has an earnings estimate of $0.1 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.12 per share and a lower estimate of $0.08.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $3.19, while its Total Shareholder’s Equity was $480.33M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.
