Fastly Inc (NYSE:FSLY) currently has a daily average trading volume of 3.09M but it saw 1656427 shares traded in last market. With a market cap of 981.29M USD, the company’s current market price of $7.08 came falling about -3.01 while comparing to the previous closing price of $7.30. 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 $7.031 while lowest mark touched by it was $7.38.
Taking a look at 20-day trading activity of Fastly Inc (FSLY) gives us an average price of $7.35, while its current price level is -72.63% below from 52-week high level whereas it is 28.26% 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 $6.79 while that of 200 days or SMA-200 reads an average of $10.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.48% during that period while stretching the period over a month that increases to 3.54%. 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 47.17 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 -1.67% down while it is -3.54% when we observe its performance for the past one month. Year-to-date it is -60.22% down and over the past year, the stock is showing a downside performance of -50.28%.
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 153.01 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is -10.50% on average.
