Fastly Inc (NYSE: FSLY) is -54.49% 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 $8.12 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $8.10, the stock is 5.35% and 5.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.23 million and changing -0.25% at the moment leaves the stock -40.78% off its SMA200. FSLY registered -55.91% loss for a year compared to 6-month loss of -61.83%.
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The stock witnessed a 12.03% gain in the last 1 month and extending the period to 3 months gives it a -35.97%, and is 5.47% 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 5.60% over the week and 4.73% over the month.
Fastly Inc (FSLY) has around 1207 employees, a market worth around $1.11B and $521.94M in sales. Fwd P/E is 137.73. Profit margin for the company is -25.26%. Distance from 52-week low is 19.65% and -68.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.53%).
The EPS is expected to grow by 36.07% this year
The shares outstanding are 132.99M, and float is at 124.02M with Short Float at 13.12%.
Fastly Inc (FSLY) Insider Activity
The most recent transaction is an insider sale by KISLING RONALD W, the company’s Chief Financial Officer. SEC filings show that KISLING RONALD W sold 7,449 shares of the company’s common stock on Jul 16 ’24 at a price of $8.84 per share for a total of $65849.0. Following the sale, the insider now owns 0.59 million shares.
Fastly Inc disclosed in a document filed with the SEC on Jul 01 ’24 that KISLING RONALD W (Chief Financial Officer) sold a total of 12,000 shares of the company’s common stock. The trade occurred on Jul 01 ’24 and was made at $7.27 per share for $87240.0. Following the transaction, the insider now directly holds 0.59 million shares of the FSLY stock.
Still, SEC filings show that on May 29 ’24, KISLING RONALD W (Chief Financial Officer) disposed off 1,206 shares at an average price of $8.15 for $9829.0. The insider now directly holds 605,506 shares of Fastly Inc (FSLY).
