Fastly Inc (NYSE:FSLY) currently has a daily average trading volume of 3.17M but it saw 1611172 shares traded in last market. With a market cap of 997.92M USD, the company’s current market price of $7.20 came falling about -0.28 while comparing to the previous closing price of $7.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.87 and as low as $5.52. In the recent trading on the day, stock has struck highest price mark of $7.1205 while lowest mark touched by it was $7.255.
Taking a look at 20-day trading activity of Fastly Inc (FSLY) gives us an average price of $7.36, while its current price level is -72.17% below from 52-week high level whereas it is 30.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.68 while that of 200 days or SMA-200 reads an average of $10.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.13% during that period while stretching the period over a month that increases to 3.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.47 which implies that the stock is in neutral territory.
Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 08, 2024 while assigning a price target range of $10-$6. DA Davidson also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $24 and $8.50.
Over the week, FSLY’s stock price is moving -2.57% down while it is -2.04% when we observe its performance for the past one month. Year-to-date it is -59.55% down and over the past year, the stock is showing a downside performance of -53.61%.
Currently, Fastly Inc’s total number of outstanding shares is 132.99M. Company’s return on investment (ROI) stands at -12.03% and return on equity (ROE) at -16.75%. It has a 158.73 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 1.02 while price to sale or P/S ratio amounts to 1.88. Its return on asset (ROA) is -10.50% on average.
