Remitly Global, Inc.

NMS: RELY
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📈 ZcoreAI Score

Our AI model analyzes Remitly Global, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Remitly Global, Inc.

Technology Software - Infrastructure
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

📊 Fundamental Analysis

Remitly Global, Inc. demonstrates a profit margin of 4.2%, which is below the sector average, suggesting competitive pressure.

The company recently reported 25.7% revenue growth, which is well above average for the Technology sector.

Return on Equity (ROE) is 8.9%, which suggests room for improvement in capital utilization.

At a current price of $16.86, RELY currently sits at the 38th percentile of its 52-week range (Range: $12.08 - $24.70).

💰 Valuation Insight

RELY trades at a 81.3% premium to the sector average PE of 30.00. Analysts expect earnings growth, as indicated by a lower forward PE.

🏥 Financial Health

🔴 Profit Margin Weak
Debt/Equity Excellent
Revenue Growth Excellent
🔴 Return on Equity Weak
Beta (Risk) Low Volatility

Key Financials

Market Cap
$3.55B
Trailing P/E
54.39
Forward P/E
11.28
Beta (5Y)
0.09
52W High
$24.70
52W Low
$12.08
Avg Volume
3.71M
Day High
Day Low
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