Summary
Are You Looking for a Top Momentum Pick? Why Remitly Global, Inc. (RELY) is a Great Choice
Does Remitly Global, Inc. (RELY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Wall Street Analysts Think Remitly Global (RELY) Could Surge 26.3%: Read This Before Placing a Bet
The consensus price target hints at a 26.3% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here's Why Momentum in Remitly Global (RELY) Should Keep going
Remitly Global (RELY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Remitly Global, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 1,082 | $16,983.61 | $26,043.74 | $9,060.13 | 53.35% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 23 | $441.29 | $543.03 | $101.74 | 23.06% |
| NA Nizar Araji National Bank Of Canada /FI/ | 28,000 | $575,863.39 | $683,480 | $107,616.61 | 18.69% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 48,226 | $755,701.42 | $1.18M | $421,977.5 | 55.84% |
| BG Bart Gancher Intech Investment Management LLC | 51,056 | $917,707.96 | $1.25M | $328,569 | 35.8% |
Remitly Global, Inc. (RELY) FAQ
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Remitly Global, Inc. Profile
| Transportation Infrastructure Industry | Industrials Sector | Sebastian J. Gunningham CEO | NASDAQ (NGS) Exchange | 75960P104 CUSIP |
| US Country | 3,200 Employees | - Last Dividend | - Last Split | 23 Sep 2021 IPO Date |
Overview
Remitly Global, Inc. is a financial technology company dedicated to offering digital financial services, catering especially to the needs of immigrants, their families, and various citizens across the globe. It facilitates cross-border monetary transactions through its easy-to-use mobile application and website. Founded in 2011, Remitly has established its headquarters in Seattle, Washington, and now operates in the United States, Canada, and several international locations. The company is driven by the mission to transform the lives of immigrants and their families by providing efficient, reliable, and accessible financial services.
Products and Services
- Cross-Border Remittance:
This service enables users to send money across borders quickly and securely through Remitly's mobile app or website. It's designed to provide immigrants and their families with a convenient way to support their loved ones back home. With competitive exchange rates and low fees, Remitly's remittance service is tailored to meet the financial needs and constraints of its users.
