Remitly Global Stock Analysis
| RELY Stock | USD 25.52 0.11 0.43% |
Remitly Global is undervalued with Real Value of 28.33 and Hype Value of 25.52. The main objective of Remitly Global stock analysis is to determine its intrinsic value, which is an estimate of what Remitly Global is worth, separate from its market price. There are two main types of Remitly Global's stock analysis: fundamental analysis and technical analysis.
The Remitly Global stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Remitly Global is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Remitly Stock trading window is adjusted to America/New York timezone.
Remitly |
Remitly Stock Analysis Notes
About 82.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.35. Remitly Global had not issued any dividends in recent years. Remitly Global, Inc. provides digital financial services for immigrants and their families. The company was incorporated in 2011 and is headquartered in Seattle, Washington. Remitly Global operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1800 people. To find out more about Remitly Global contact Matthew Oppenheimer at 888 736 4859 or learn more at https://www.remitly.com/us/en.Remitly Global Investment Alerts
| The company reported the previous year's revenue of 944.28 M. Net Loss for the year was (117.84 M) with profit before overhead, payroll, taxes, and interest of 693.47 M. | |
| Remitly Global currently holds about 429.71 M in cash with (53.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.56. | |
| Over 82.0% of the company shares are owned by institutional investors |
Remitly Global Upcoming and Recent Events
Earnings reports are used by Remitly Global to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Remitly Global Thematic Classifications
In addition to having Remitly Global stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Aggressive DefenceSmall capitalization, high growth potential companies |
Remitly Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.03 B.Remitly Profitablity
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average.Technical Drivers
As of the 7th of February, Remitly Global holds the Risk Adjusted Performance of 0.2251, coefficient of variation of 377.66, and Semi Deviation of 1.04. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Remitly Global, as well as the relationship between them.Remitly Global Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Remitly Global middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Remitly Global. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Remitly Global Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Remitly Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Remitly Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Remitly Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Remitly Global Outstanding Bonds
Remitly Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Remitly Global uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Remitly bonds can be classified according to their maturity, which is the date when Remitly Global has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| US75968NAD30 Corp BondUS75968NAD30 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View |
Remitly Global Predictive Daily Indicators
Remitly Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Remitly Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 27718.0 | |||
| Daily Balance Of Power | 0.1833 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.44 | |||
| Day Typical Price | 25.47 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | 0.11 |
Remitly Global Forecast Models
Remitly Global's time-series forecasting models are one of many Remitly Global's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Remitly Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Remitly Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Remitly Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Remitly shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Remitly Global. By using and applying Remitly Stock analysis, traders can create a robust methodology for identifying Remitly entry and exit points for their positions.
Remitly Global, Inc. provides digital financial services for immigrants and their families. The company was incorporated in 2011 and is headquartered in Seattle, Washington. Remitly Global operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1800 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Remitly Global to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Remitly Stock Analysis
When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.