Fastly Inc (NYSE:FSLY) currently has a daily average trading volume of 2.52M but it saw 1688867 shares traded in last market. With a market cap of 909.14M USD, the company’s current market price of $6.48 came falling about -3.43 while comparing to the previous closing price of $6.71. 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 $6.45 while lowest mark touched by it was $6.75.
Taking a look at 20-day trading activity of Fastly Inc (FSLY) gives us an average price of $7.21, while its current price level is -74.95% below from 52-week high level whereas it is 17.39% 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 $7.24 while that of 200 days or SMA-200 reads an average of $9.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.36% during that period while stretching the period over a month that decreases to 5.61%. 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 39.45 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 -11.11% down while it is -11.23% when we observe its performance for the past one month. Year-to-date it is -63.60% down and over the past year, the stock is showing a downside performance of -65.44%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.01 beat the consensus estimate of -0.02 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is -0.1. In next quarter, company is expected to be making quarterly sales of $136.32M as analysts are expecting the sales for current fiscal year at $541.59M and seeing the company making $570.71M in sales next year. Moreover, analysts are in estimates of $138.49M for current-quarter revenue.
Currently, Fastly Inc’s total number of outstanding shares is 132.99M. Company’s return on investment (ROI) stands at -10.97% and return on equity (ROE) at -15.33%. It has a 192.69 of forward P/E ratio. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 1.68. Its return on asset (ROA) is -9.55% on average.
