Remitly Global Inc (NASDAQ: RELY) has experienced a rise in its stock price by 2.68 compared to its previous closing price of 23.85. However, the company has seen a gain of 16.67% in its stock price over the last five trading days. seekingalpha.com reported 2025-05-12 that I am neutral on Remitly Global despite strong 1Q25 results; user growth is slowing, take-rate pressure persists, and valuation has significantly rerated. RELY’s revenue grew 34.4% y/y, active users up 29% y/y, and adj. EBITDA margin hit 16.2%, showcasing a strong performance. New growth avenues in high-amount senders and micro-businesses are promising, but user growth deceleration and lower take rates raise concerns.
Is It Worth Investing in Remitly Global Inc (NASDAQ: RELY) Right Now?
Moreover, the 36-month beta value for RELY is 0.17. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 6 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for RELY is 151.90M and currently, short sellers hold a 4.79% of that float. On May 13, 2025, RELY’s average trading volume was 2.56M shares.
RELY’s Market Performance
RELY’s stock has seen a 16.67% increase for the week, with a 22.39% rise in the past month and a -4.71% fall in the past quarter. The volatility ratio for the week is 4.91%, and the volatility levels for the past 30 days are at 3.59% for Remitly Global Inc The simple moving average for the last 20 days is 17.71% for RELY’s stock, with a simple moving average of 28.99% for the last 200 days.
Analysts’ Opinion of RELY
Many brokerage firms have already submitted their reports for RELY stocks, with Monness Crespi & Hardt repeating the rating for RELY by listing it as a “Buy.” The predicted price for RELY in the upcoming period, according to Monness Crespi & Hardt is $32 based on the research report published on May 08, 2025 of the current year 2025.
Wells Fargo, on the other hand, stated in their research note that they expect to see RELY reach a price target of $18, previously predicting the price at $13. The rating they have provided for RELY stocks is “Equal Weight” according to the report published on October 31st, 2024.
BMO Capital Markets gave a rating of “Outperform” to RELY, setting the target price at $28 in the report published on February 22nd of the previous year.
RELY Trading at 18.53% from the 50-Day Moving Average
After a stumble in the market that brought RELY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.36% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 4.91%, as shares surge +19.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.04% upper at present.
During the last 5 trading sessions, RELY rose by +16.67%, which changed the moving average for the period of 200-days by +84.41% in comparison to the 20-day moving average, which settled at $20.80. In addition, Remitly Global Inc saw 8.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RELY starting from ANKUR SINHA, who proposed sale 68,634 shares at the price of $24.11 back on May 09 ’25. After this action, ANKUR SINHA now owns shares of Remitly Global Inc, valued at $1,654,869 using the latest closing price.
Hug Joshua, the Vice Chair of Remitly Global Inc, sale 37,718 shares at $21.05 during a trade that took place back on May 05 ’25, which means that Hug Joshua is holding 3,776,093 shares at $793,964 based on the most recent closing price.
Stock Fundamentals for RELY
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.61 for the gross margin
The net margin for Remitly Global Inc stands at -0.03. The total capital return value is set at -0.06. Equity return is now at value -0.71, with -0.42 for asset returns.
Based on Remitly Global Inc (RELY), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 11.94. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -12.06.
Currently, EBITDA for the company is -15.44 million with net debt to EBITDA at 26.32. When we switch over and look at the enterprise to sales, we see a ratio of 3.67.
Conclusion
To wrap up, the performance of Remitly Global Inc (RELY) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
