Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Fastly Inc (NYSE: FSLY) was $9.79 for the day, up 2.51% from the previous closing price of $9.55. In other words, the price has increased by $2.51 from its previous closing price. On the day, 2.27 million shares were traded. FSLY stock price reached its highest trading level at $10.155 during the session, while it also had its lowest trading level at $9.74.
Ratios:
Our analysis of FSLY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.97 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.40.
Piper Sandler Downgraded its Overweight to Neutral on August 08, 2024, whereas the target price for the stock was revised from $10 to $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 06 ’25 when RONALD KISLING LIVING TRUST U/ bought 24,500 shares for $9.55 per share.
Bergman Artur sold 10,000 shares of FSLY for $100,900 on Dec 23 ’24. The Chief Technology Officer now owns 3,434,136 shares after completing the transaction at $10.09 per share. On Dec 18 ’24, another insider, Bergman Artur, who serves as the Chief Technology Officer of the company, sold 3,400 shares for $12.01 each. As a result, the insider received 40,834 and left with 3,444,136 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSLY now has a Market Capitalization of 1373537024 and an Enterprise Value of 1479091968. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 2.735 whereas that against EBITDA is -14.476.
Stock Price History:
The Beta on a monthly basis for FSLY is 1.25, which has changed by -0.45676905 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, FSLY has reached a high of $25.87, while it has fallen to a 52-week low of $5.52. The 50-Day Moving Average of the stock is 12.31%, while the 200-Day Moving Average is calculated to be 15.35%.
Shares Statistics:
FSLY traded an average of 3.21M shares per day over the past three months and 2714950 shares per day over the past ten days. A total of 140.08M shares are outstanding, with a floating share count of 128.25M. Insiders hold about 8.59% of the company’s shares, while institutions hold 63.00% stake in the company. Shares short for FSLY as of 1734048000 were 10122011 with a Short Ratio of 3.16, compared to 1731628800 on 10198808. Therefore, it implies a Short% of Shares Outstanding of 10122011 and a Short% of Float of 7.71.
