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Fastly Inc (NYSE: FSLY) closed the day trading at $7.06 down -1.67% from the previous closing price of $7.18. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 2.42 million shares were traded. FSLY stock price reached its highest trading level at $7.3489 during the session, while it also had its lowest trading level at $7.0406.
Ratios:
For a better understanding of FSLY, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 18 ’24 when Artur Bergman bought 16,506 shares for $8.61 per share.
Ronald Kisling bought 15,704 shares of FSLY for $135,211 on Nov 18 ’24. On Nov 18 ’24, another insider, Todd Nightingale, who serves as the Director of the company, bought 48,593 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 990518016 and an Enterprise Value of 1096072960. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 2.026 whereas that against EBITDA is -10.728.
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 -1.00%, while the 200-Day Moving Average is calculated to be -28.29%.
Shares Statistics:
Over the past 3-months, FSLY traded about 2.90M shares per day on average, while over the past 10 days, FSLY traded about 3591750 shares per day. A total of 132.99M shares are outstanding, with a floating share count of 127.72M. Insiders hold about 8.97% of the company’s shares, while institutions hold 60.09% stake in the company. Shares short for FSLY as of 1728950400 were 12360025 with a Short Ratio of 4.09, compared to 1726185600 on 14717467. Therefore, it implies a Short% of Shares Outstanding of 12360025 and a Short% of Float of 9.54.
