Remitly Global Hits New 52-Week Low at $12.21

Nov 07 2025 04:11 PM IST
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Remitly Global, Inc. recently hit a 52-week low, reflecting a notable decline in its performance over the past year. With a market capitalization of approximately USD 4.1 billion, the company faces financial challenges, including a negative debt-to-equity ratio and a premium price-to-book ratio, indicating ongoing volatility.
Remitly Global, Inc., a small-cap player in the miscellaneous industry, has recently reached a new 52-week low of USD 12.21 on November 6, 2025. This decline marks a significant downturn for the company, which has seen a one-year performance drop of 5.96%, contrasting sharply with the S&P 500's gain of 17.53% over the same period.

The company's market capitalization stands at approximately USD 4.1 billion, reflecting its position within the small-cap segment. Notably, Remitly Global has not declared any dividends, and its financial metrics indicate a challenging environment, with a negative debt-to-equity ratio of -0.68 and a return on equity of 2.20%. The price-to-book ratio is reported at 5.37, suggesting that the stock is trading at a premium relative to its book value.

As Remitly navigates its current market landscape, the recent price movement underscores the ongoing volatility and performance challenges faced by the company.
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