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The price of Fastly Inc (NYSE: FSLY) closed at $8.17 in the last session, up 0.12% from day before closing price of $8.16. In other words, the price has increased by $0.12 from its previous closing price. On the day, 5.52 million shares were traded. FSLY stock price reached its highest trading level at $8.76 during the session, while it also had its lowest trading level at $7.82.
Ratios:
We take a closer look at FSLY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 134.81. For the most recent quarter (mrq), Quick Ratio is recorded 4.13 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:
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 Nov 06 ’24 when PER ARTUR BERGMAN bought 49,178 shares for $7.67 per share.
KISLING RONALD W sold 7,449 shares of FSLY for $53,931 on Oct 16 ’24. The Chief Financial Officer now owns 558,564 shares after completing the transaction at $7.24 per share. On Oct 16 ’24, another insider, Ronald W. Kisling, who serves as the Officer of the company, bought 7,411 shares for $7.63 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 1132361984 and an Enterprise Value of 1243121280. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 2.298 whereas that against EBITDA is -12.46.
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 15.83%, while the 200-Day Moving Average is calculated to be -18.69%.
Shares Statistics:
According to the various share statistics, FSLY traded on average about 3.11M shares per day over the past 3-months and 2853520 shares per day over the past 10 days. A total of 132.99M shares are outstanding, with a floating share count of 126.17M. Insiders hold about 8.97% of the company’s shares, while institutions hold 65.68% stake in the company. Shares short for FSLY as of 1728950400 were 12360025 with a Short Ratio of 3.98, compared to 1726185600 on 14717467. Therefore, it implies a Short% of Shares Outstanding of 12360025 and a Short% of Float of 9.54.
