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As of close of business last night, Fastly Inc’s stock clocked out at $6.71, up 6.00% from its previous closing price of $6.33. In other words, the price has increased by $6.00 from its previous closing price. On the day, 2.17 million shares were traded. FSLY stock price reached its highest trading level at $6.7253 during the session, while it also had its lowest trading level at $6.27.
Ratios:
To gain a deeper understanding of FSLY’s stock, we examine its different ratios. 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.
On August 08, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $10 to $6.
DA Davidson Downgraded its Buy to Neutral on May 02, 2024, whereas the target price for the stock was revised from $24 to $8.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 19 ’24 when PER ARTUR BERGMAN bought 20,806 shares for $6.33 per share.
Artur Bergman bought 16,506 shares of FSLY for $142,117 on Nov 18 ’24. On Nov 18 ’24, another insider, Ronald Kisling, who serves as the Officer of the company, bought 15,704 shares for $8.61 each.
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 941412992 and an Enterprise Value of 993654016. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 1.837 whereas that against EBITDA is -9.725.
Stock Price History:
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 -7.19%, while the 200-Day Moving Average is calculated to be -29.24%.
Shares Statistics:
It appears that FSLY traded 2.55M shares on average per day over the past three months and 3981940 shares per day over the past ten days. A total of 132.99M shares are outstanding, with a floating share count of 127.79M. Insiders hold about 8.91% of the company’s shares, while institutions hold 62.94% stake in the company. Shares short for FSLY as of 1730332800 were 11841352 with a Short Ratio of 4.65, compared to 1727654400 on 14393094. Therefore, it implies a Short% of Shares Outstanding of 11841352 and a Short% of Float of 9.020001.
