IRemit (Philippines) Today
IRemit is trading at 0.24 as of the 4th of January 2025, a 9.09 percent increase since the beginning of the trading day. The stock's lowest day price was 0.22. The performance scores are derived for the period starting the 5th of December 2024 and ending today, the 4th of January 2025. Click here to learn more.
Valuation
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IRemit Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IRemit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IRemit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | IT Services, Information Technology (View all Sectors) |
IRemit Inc (I) is traded on Philippine Stock Exchange in Philippines . The company currently falls under 'Small-Cap' category with a current market capitalization of 581.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IRemit's market, we take the total number of its shares issued and multiply it by IRemit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. IRemit Inc classifies itself under Information Technology sector and is part of IT Services industry.
IRemit Inc has accumulated about 1.21 B in cash with (222.02 M) of positive cash flow from operations.
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IRemit Stock Against Markets
IRemit Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IRemit stock to make a market-neutral strategy. Peer analysis of IRemit could also be used in its relative valuation, which is a method of valuing IRemit by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in IRemit Stock
IRemit financial ratios help investors to determine whether IRemit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IRemit with respect to the benefits of owning IRemit security.