For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Fastly Inc (NYSE: FSLY) closed at $9.45 in the last session, up 7.14% from day before closing price of $8.82. In other words, the price has increased by $7.14 from its previous closing price. On the day, 1.82 million shares were traded. FSLY stock price reached its highest trading level at $9.555 during the session, while it also had its lowest trading level at $9.12.
Ratios:
We take a closer look at FSLY’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 16 ’25 when Ronald Kisling bought 6,008 shares for $9.72 per share.
KISLING RONALD W sold 12,500 shares of FSLY for $125,000 on Jan 06 ’25. The Chief Financial Officer now owns 525,850 shares after completing the transaction at $10.00 per share. On Jan 06 ’25, another insider, Bergman Artur, who serves as the Chief Technology Officer of the company, sold 8,049 shares for $10.04 each. As a result, the insider received 80,812 and left with 3,426,087 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 1325835008 and an Enterprise Value of 1431389952. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 2.646 whereas that against EBITDA is -14.01.
Stock Price History:
The Beta on a monthly basis for FSLY is 1.25, which has changed by -0.50449437 over the last 52 weeks, in comparison to a change of 0.22212577 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 5.61%, while the 200-Day Moving Average is calculated to be 12.76%.
Shares Statistics:
According to the various share statistics, FSLY traded on average about 3.28M shares per day over the past 3-months and 2346220 shares per day over the past 10 days. A total of 140.08M shares are outstanding, with a floating share count of 128.27M. Insiders hold about 8.58% of the company’s shares, while institutions hold 62.98% stake in the company. Shares short for FSLY as of 1735603200 were 9261994 with a Short Ratio of 2.83, compared to 1732838400 on 9909739. Therefore, it implies a Short% of Shares Outstanding of 9261994 and a Short% of Float of 7.049999999999999.
