Fastly Inc (FSLY): Investing In A Time Of Crisis

Fastly Inc (NYSE:FSLY) currently has a daily average trading volume of 3.23M but it saw 1574238 shares traded in last market. With a market cap of 832.46M USD, the company’s current market price of $5.85 came rising about 6.36 while comparing to the previous closing price of $5.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.35 and as low as $4.65. In the recent trading on the day, stock has struck highest price mark of $5.525 while lowest mark touched by it was $5.855.

Taking a look at 20-day trading activity of Fastly Inc (FSLY) gives us an average price of $5.69, while its current price level is -56.20% below from 52-week high level whereas it is 25.81% 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 $6.57 while that of 200 days or SMA-200 reads an average of $7.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.86% during that period while stretching the period over a month that increases to 6.89%. 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 47.86 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 9.96% up while it is -16.90% when we observe its performance for the past one month. Year-to-date it is -38.03% down and over the past year, the stock is showing a downside performance of -53.31%.

Currently, Fastly Inc’s total number of outstanding shares is 142.09M with 7.63% of that held by the insiders while 67.76% 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 9000.00 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 0.86 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is -10.62% on average.