Fastly Inc (NYSE: FSLY) is -55.22% lower on its value in year-to-date trading and has touched a low of $6.77 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 $7.59 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $7.97, the stock is 9.83% and 1.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.95 million and changing 5.01% at the moment leaves the stock -43.88% off its SMA200. FSLY registered -54.46% loss for a year compared to 6-month loss of -55.40%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.63% gain in the last 1 month and extending the period to 3 months gives it a -39.30%, and is 9.18% up 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 4.28% over the week and 3.83% over the month.
Fastly Inc (FSLY) has around 1207 employees, a market worth around $1.09B and $521.94M in sales. Fwd P/E is 135.52. Profit margin for the company is -25.26%. Distance from 52-week low is 17.73% and -69.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.53%).
with sales reaching $131.57M over the same period.The EPS is expected to grow by 36.07% this year, but quarterly earnings will post 10.30% year-over-year. Quarterly sales are estimated to grow 7.10% in year-over-year returns.
Fastly Inc (FSLY) Top Institutional Holders
The shares outstanding are 132.99M, and float is at 125.24M with Short Float at 12.86%.
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 Jul 01 ’24 at a price of $7.27 per share for a total of $87240.0. Following the sale, the insider now owns 0.59 million shares.
Fastly Inc disclosed in a document filed with the SEC on May 29 ’24 that KISLING RONALD W (Chief Financial Officer) sold a total of 1,206 shares of the company’s common stock. The trade occurred on May 29 ’24 and was made at $8.15 per share for $9829.0. Following the transaction, the insider now directly holds 0.61 million shares of the FSLY stock.
Still, SEC filings show that on May 23 ’24, Nightingale Todd (CEO) disposed off 12,163 shares at an average price of $8.92 for $0.11 million. The insider now directly holds 1,729,018 shares of Fastly Inc (FSLY).
