There’s No Need To Panic Or Freeze When It Comes To Remitly Global Inc (NASDAQ: RELY)

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 $4.99B. A total of 4.73 million shares were traded on the day, compared to an average of 2.56M shares.

In the most recent transaction, ANKUR SINHA bought 68,634 shares of RELY for 24.11 per share on May 09 ’25. In a previous transaction on May 05 ’25, Hug Joshua sold 37,718 shares at 21.05 per share. RELY shares that Vice Chair owns now total 3,776,093.

Among the insiders who sold shares, Hug Joshua disposed of 2,282 shares on May 06 ’25 at a per-share price of $21.03. This resulted in the Vice Chair holding 3,773,811 shares of RELY after the transaction. In another insider transaction, JOSHUA DAVID HUG bought 2,282 shares at $20.99 per share on May 06 ’25.

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 $27.32 and a low of $11.60.

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 $3.55, 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 4.33.

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