Fastenal Co (NASDAQ:FAST) currently has a daily average trading volume of 3.19M but it saw 3637306 shares traded in last market. With a market cap of 42.26B USD, the company’s current market price of $73.69 came falling about -3.03 while comparing to the previous closing price of $75.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $84.88 and as low as $61.36. In the recent trading on the day, stock has struck highest price mark of $73.58 while lowest mark touched by it was $76.065.
Taking a look at 20-day trading activity of Fastenal Co (FAST) gives us an average price of $75.54, while its current price level is -13.18% below from 52-week high level whereas it is 20.09% 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 $74.49 while that of 200 days or SMA-200 reads an average of $72.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.33% during that period while stretching the period over a month that decreases to 2.32%. 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 43.37 which implies that the stock is in neutral territory.
Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on December 11, 2024 while assigning a price target of $86. HSBC Securities issued its recommendations for the stock as it downgraded the price target for the stock is $70.
Over the week, FAST’s stock price is moving -5.34% down while it is -0.86% when we observe its performance for the past one month. Year-to-date it is 2.48% up and over the past year, the stock is showing a downside performance of -0.85%.
Currently, Fastenal Co’s total number of outstanding shares is 573.32M. Company’s return on investment (ROI) stands at 29.29% and return on equity (ROE) at 33.04%. It has a price to earnings ratio (P/E ratio) of 36.78 while having a 31.41 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 11.68 while price to sale or P/S ratio amounts to 5.60. Its return on asset (ROA) is 25.12% on average.
