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The price of Fastly Inc (NYSE: FSLY) closed at $7.23 in the last session, down -0.96% from day before closing price of $7.30. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 1.88 million shares were traded. FSLY stock price reached its highest trading level at $7.36 during the session, while it also had its lowest trading level at $7.14.
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 4.13 and its Current Ratio is at 4.13. 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 Oct 16 ’24 when KISLING RONALD W sold 7,449 shares for $7.24 per share. The transaction valued at 53,931 led to the insider holds 558,564 shares of the business.
Ronald W. Kisling bought 7,411 shares of FSLY for $56,546 on Oct 16 ’24. On Sep 03 ’24, another insider, Bergman Artur, who serves as the Chief Technology Officer of the company, sold 19,889 shares for $5.96 each. As a result, the insider received 118,538 and left with 6,205,000 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 1011780672 and an Enterprise Value of 1112690944. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 2.094 whereas that against EBITDA is -8.858.
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 4.79%, while the 200-Day Moving Average is calculated to be -30.12%.
Shares Statistics:
According to the various share statistics, FSLY traded on average about 3.06M shares per day over the past 3-months and 2241770 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 65.82% stake in the company. Shares short for FSLY as of 1728950400 were 12360025 with a Short Ratio of 4.04, compared to 1726185600 on 14717467. Therefore, it implies a Short% of Shares Outstanding of 12360025 and a Short% of Float of 9.54.
