Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Remitly Global IncCommon Stock stock

Learn how to easily invest in Remitly Global IncCommon Stock stock.

Fintech company Remitly Global priced its initial public offering, selling 7 million shares at $43 each, above the $38 to $42 proposed price range. The offering raised $301 million for the company and gives it a $6.9 billion valuation.

Shares debuted on the Nasdaq Thursday at $52.90.

How to buy shares in Remitly Global IncCommon Stock

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – RELY – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Remitly Global IncCommon Stock stock price (NASDAQ: RELY)

Use our graph to track the performance of RELY stocks over time.

Remitly Global IncCommon Stock shares at a glance

Information last updated 2022-01-13.
Latest market close$15.00
52-week range$14.91 - $53.65
50-day moving average $23.83
200-day moving average $28.54
Wall St. target price$42.57
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-1.24

Buy Remitly Global IncCommon Stock shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
TradeStation
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$0 per month
$10 of crypto
Open an account with access to crypto
A platform built for all kinds of traders and all styles of trading
SoFi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in most equities.
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
Stocks, Options, ETFs
$0
$0 per year
Get a free stock valued up to $3500
Open your Futu brokerage account via Moomoo
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
$125 - $625
Open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Remitly Global IncCommon Stock stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Remitly Global IncCommon Stock price performance over time

Historical closes compared with the close of $15 from 2022-01-14

1 week (2022-01-10) -4.09%
1 month (2021-12-17) -21.96%
3 months (2021-10-15) -62.69%
6 months (2021-07-13) N/A
1 year (2021-01-13) N/A
2 years (2020-01-13) N/A
3 years (2019-01-13) N/A
5 years (2017-01-13) N/A

Is Remitly Global IncCommon Stock stock undervalued or overvalued?

Valuing Remitly Global IncCommon Stock stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Remitly Global IncCommon Stock's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Remitly Global IncCommon Stock's EBITDA

Remitly Global IncCommon Stock's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $133.9 million.

The EBITDA is a measure of a Remitly Global IncCommon Stock's overall financial performance and is widely used to measure a its profitability.

To put Remitly Global IncCommon Stock's EBITDA into context you can compare it against that of similar companies.

Remitly Global IncCommon Stock financials

Revenue TTM $403.4 million
Gross profit TTM $121.1 million
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin -7.73%
Book value $2.98
Market capitalisation $2.6 billion

TTM: trailing 12 months

Remitly Global IncCommon Stock share dividends

We're not expecting Remitly Global IncCommon Stock to pay a dividend over the next 12 months.

You may also wish to consider:

Remitly Global IncCommon Stock overview

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 135 countries. Remitly Global, Inc. was formerly known as Beamit, Inc. and changed its name to Remitly Global, Inc. in August 2012.

Frequently asked questions

What percentage of Remitly Global IncCommon Stock is owned by insiders or institutions?
Currently 47.175% of Remitly Global IncCommon Stock shares are held by insiders and 25.259% by institutions.
How many people work for Remitly Global IncCommon Stock?
Latest data suggests 1,700 work at Remitly Global IncCommon Stock.
When does the fiscal year end for Remitly Global IncCommon Stock?
Remitly Global IncCommon Stock's fiscal year ends in December.
Where is Remitly Global IncCommon Stock based?
Remitly Global IncCommon Stock's address is: 111 Third Avenue, Seattle, WA, United States, 98101
What is Remitly Global IncCommon Stock's ISIN number?
Remitly Global IncCommon Stock's international securities identification number is: US75960P1049

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site