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As of close of business last night, Fastly Inc’s stock clocked out at $7.92, down -0.38% from its previous closing price of $7.95. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 1.61 million shares were traded. FSLY stock price reached its highest trading level at $8.13 during the session, while it also had its lowest trading level at $7.86.
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 Dec 02 ’24 when Ronald Kisling bought 1,186 shares for $7.61 per share.
Nightingale Todd sold 12,163 shares of FSLY for $98,764 on Nov 25 ’24. The CEO now owns 1,588,810 shares after completing the transaction at $8.12 per share. On Nov 25 ’24, another insider, KISLING RONALD W, who serves as the Chief Financial Officer of the company, sold 2,920 shares for $8.12 each. As a result, the insider received 23,710 and left with 539,542 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 1111176064 and an Enterprise Value of 1216731008. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 2.25 whereas that against EBITDA is -11.909.
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 7.83%, while the 200-Day Moving Average is calculated to be -12.17%.
Shares Statistics:
It appears that FSLY traded 2.62M shares on average per day over the past three months and 3184360 shares per day over the past ten days. A total of 132.99M shares are outstanding, with a floating share count of 127.90M. Insiders hold about 8.84% of the company’s shares, while institutions hold 62.94% stake in the company. Shares short for FSLY as of 1731628800 were 10198808 with a Short Ratio of 3.90, compared to 1728950400 on 12360025. Therefore, it implies a Short% of Shares Outstanding of 10198808 and a Short% of Float of 7.7700000000000005.
