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RELY
$22.79+0.90 (+4.11%)
Market ClosedLast close May 1
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Remitly Global, Inc. in the Technology sector is trading at $22.79. The stock is currently near its 52-week high of $24.70, remaining 42.3% above its 200-day moving average. Technical signals show overbought RSI of 93 and bullish MACD crossover, explaining why RELY maintains its current momentum and trend strength. The Whystock Score of 35/100 signals elevated caution as indicators diverge.
Ecosystem Influences
Overbought levels (RSI 93) — risk of consolidation or pullback
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
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Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$22.79
Potential Downside
72.9%
Whystock Fair Value$6.18
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Fundamentals
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 appl...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$4.41B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
67.55
Beta
Defensive asset. Lower volatility than the S&P 500.
0.09
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
1.62%
Volume
Today's trading volume
2.91M
Recent News
This Venerable Stock Pays a 10% Dividend Yield. Why It Looks Like a Trap.
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Remitly Exec Sells $650K in Shares Amid Record Profitability, but Here's What Investors Should Actually Be Watching
This global remittance platform, focused on migrant customers, reported a notable insider sale as direct holdings continued to decline.
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Is Remitly (RELY) Embedding Transfers in ChatGPT a Turning Point for AI-Driven Customer Acquisition?
Earlier this month, Remitly Global launched an app within ChatGPT, becoming the first cross-border money transfer provider on the platform and allowing users in the US, Canada, and the UK to compare exchange rates and delivery options for select corridors without leaving ChatGPT. This move extends Remitly’s reach into a large, AI-driven user base and reflects its push to meet customers inside everyday conversational tools rather than standalone apps. We’ll now explore how embedding Remitly’s...
A Look At Remitly Global (RELY) Valuation After Recent Share Price Momentum
Remitly Global stock snapshot after recent performance swing Remitly Global (RELY) has attracted fresh attention after a strong recent performance, with the stock up 19.4% over the past week and about 30.4% over the past month. See our latest analysis for Remitly Global. Beyond the recent surge, Remitly Global’s momentum has been building, with a 30.4% 1 month share price return and a 51.4% year to date share price return, while the 1 year total shareholder return sits at 0.4%. If this kind...