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In trading on Monday, shares of Remitly Global Inc (Symbol: RELY) crossed below their 200 day moving average of $10.26, changing hands as low as $10.20 per share. Remitly Global Inc shares are currently trading down about 5% on the day. The chart below shows the one year performance of RELY shares, versus its 200 day moving average:
Looking at the chart above, RELY’s low point in its 52 week range is $6.66 per share, with $25.88 as the 52 week high point — that compares with a last trade of $10.23.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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