Modine Manufacturing Company vs Remitly Global Inc — how do they compare? Modine Manufacturing Company trades at $248 (market cap $12.18B), while Remitly Global Inc trades at $23.93 (market cap $5.02B). The key difference: Modine Manufacturing Company is far larger — about 2.4× Remitly Global Inc's market cap, and Remitly Global Inc is trading nearer its 52-week high, Modine Manufacturing Company nearer its low. Which is the better fit depends on your goals.
| MOD | RELY | |
|---|---|---|
Market Cap | $12.18B | $5.02B |
Sector | Technology | Technology |
52-Week High | $306.89 | $25.23 |
52-Week Low | $93.71 | $12.20 |
Enterprise Value | $12.54B | $4.41B |
Trailing returns across standard periods
Modine Manufacturing Company is a global leader in thermal management technology and solutions. The company engineers, manufactures, and markets heat transfer products for a wide range of applications across the automotive, commercial, industrial, and HVAC (heating, ventilation, and air conditioning) markets. Modine's products include engine cooling systems, heat exchangers, and ventilation systems, providing critical thermal solutions for vehicles, data centers, and various equipment worldwide.
Read more on MOD →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. Its revenue is generated on 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.
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