Remitly Global Inc RELY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $18.79
- Day Range
- $18.90–19.34
- 52-Week Range
- $12.08–24.92
- Bid/Ask
- $18.05 / $19.23
- Shares Outstanding
- 210.56M
- Market Cap
- $4.02B
- Volume/Avg
- 4M / 4M
Key Statistics
- Price/Earnings (Normalized)
- 36.61
- Price/Sales
- 2.31
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- 0.60%
Company Profile
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stock Style Box
- Small Core
- Total Number of Employees
- 3,200
- Website
- https://www.remitly.com
Valuation
|
Metric
|
RELY
|
|---|---|
Price/Earnings (Normalized) | 36.61 |
Price/Book Value | 4.26 |
Price/Sales | 2.31 |
Price/Cash Flow | 12.83 |
Price/Earnings
RELY
Financial Strength
|
Metric
|
RELY
|
|---|---|
Quick Ratio | 2.20 |
Current Ratio | 2.84 |
Interest Coverage | 12.57 |
Quick Ratio
RELY
Profitability
|
Metric
|
RELY
|
|---|---|
Return on Assets (Normalized) | 19.63% |
Return on Equity (Normalized) | 30.56% |
Return on Invested Capital (Normalized) | 28.46% |
Return on Assets
RELY
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