Fastly Inc (NYSE:FSLY) currently has a daily average trading volume of 3.17M but it saw 2094499 shares traded in last market. With a market cap of 977.60M USD, the company’s current market price of $6.87 came falling about -2.41 while comparing to the previous closing price of $7.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.12 and as low as $5.52. In the recent trading on the day, stock has struck highest price mark of $6.81 while lowest mark touched by it was $7.11.
Taking a look at 20-day trading activity of Fastly Inc (FSLY) gives us an average price of $6.84, while its current price level is -51.35% below from 52-week high level whereas it is 24.46% 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 $8.33 while that of 200 days or SMA-200 reads an average of $7.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.43% during that period while stretching the period over a month that increases to 5.23%. 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 41.42 which implies that the stock is in neutral territory.
Oppenheimer upgraded its recommendation for the stock as a “Outperform” from “Perform” on December 02, 2024 while assigning a price target of $12.
Over the week, FSLY’s stock price is moving -3.38% down while it is 1.63% when we observe its performance for the past one month. Year-to-date it is -27.22% down and over the past year, the stock is showing a downside performance of -46.12%.
The company is expected to be releasing its next quarterly report on 2025-Feb-11, for which analysts forecasted an EPS of -0.06 while estimate for next year EPS is -0.11. In next quarter, company is expected to be making quarterly sales of $140.28M as analysts are expecting the sales for current fiscal year at $578.85M and seeing the company making $623.09M in sales next year. Moreover, analysts are in estimates of $138.4M for current-quarter revenue.
Currently, Fastly Inc’s total number of outstanding shares is 142.09M with 7.63% of that held by the insiders while 67.79% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -11.77% and return on equity (ROE) at -16.25%. It has a 1106.28 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 1.01 while price to sale or P/S ratio amounts to 1.80. Its return on asset (ROA) is -10.62% on average.
