Fastly Inc (NYSE: FSLY) is -29.04% lower on its value in year-to-date trading and has touched a low of $11.61 and a high of $25.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSLY stock was last observed hovering at around $13.13 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $12.63, the stock is -3.21% and -17.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.93 million and changing -3.81% at the moment leaves the stock -27.84% off its SMA200. FSLY registered -20.72% loss for a year compared to 6-month loss of -14.08%.
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The stock witnessed a 0.24% gain in the last 1 month and extending the period to 3 months gives it a -27.95%, and is -9.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.94% over the week and 3.62% over the month.
Fastly Inc (FSLY) has around 1207 employees, a market worth around $1.69B and $505.99M in sales. Fwd P/E is 86.18. Profit margin for the company is -26.30%. Distance from 52-week low is 8.79% and -51.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.69%).
The EPS is expected to grow by 80.49% this year.
Fastly Inc (FSLY) Top Institutional Holders
The shares outstanding are 132.99M, and float is at 122.65M with Short Float at 8.31%.
Fastly Inc (FSLY) Insider Activity
The most recent transaction is an insider sale by KISLING RONALD W,the company’sChief Financial Officer. SEC filings show that KISLING RONALD W sold 12,000 shares of the company’s common stock on Apr 01 ’24 at a price of $12.92 per share for a total of $0.16 million. Following the sale, the insider now owns 0.64 million shares.
Fastly Inc disclosed in a document filed with the SEC on Mar 15 ’24 that Daniels Richard Devon (Director) sold a total of 7,766 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $12.66 per share for $98318.0. Following the transaction, the insider now directly holds 34328.0 shares of the FSLY stock.
Still, SEC filings show that on Feb 29 ’24, KISLING RONALD W (Chief Financial Officer) disposed off 1,192 shares at an average price of $14.33 for $17081.0. The insider now directly holds 513,057 shares of Fastly Inc (FSLY).
