Fastenal Co (FAST) volume hits 2.34 million: A New Opening for Investors

Fastenal Co (NASDAQ: FAST) open the trading on Wednesday, with great promise as it jumped 0.14% to $83.62, before settling in for the price of $83.50 at the close. Taking a more long-term approach, FAST posted a 52-week range of $59.09-$84.88.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Industrials Sector giants’ yearly sales growth during the last 5-year period was 8.22%. Meanwhile, its Annual Earning per share during the time was 9.01%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 0.66%. This publicly-traded company’s shares outstanding now amounts to $571.98 million, simultaneously with a float of $571.72 million. The organization now has a market capitalization sitting at $47.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.30, while the 200-day Moving Average is $70.20.

Fastenal Co (FAST) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Industrial Distribution industry. Fastenal Co’s current insider ownership accounts for 0.20%, in contrast to 82.79% institutional ownership.

Fastenal Co (FAST) Earnings and Revenue Records

Fastenal Co’s EPS increase for this current 12-month fiscal period is 0.66% and is forecasted to reach 2.20 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.79% through the next 5 years, which can be compared against the 9.01% growth it accomplished over the previous five years trading on the market.

Fastenal Co (NASDAQ: FAST) Trading Performance Indicators

Let’s observe the current performance indicators for Fastenal Co (FAST). It’s Quick Ratio in the last reported quarter now stands at 2.29. The Stock has managed to achieve an average true range (ATR) of 1.56. Alongside those numbers, its PE Ratio stands at $41.56, and its Beta score is 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.40. Similarly, its price to free cash flow for trailing twelve months is now 45.98.

In the same vein, FAST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.01, a figure that is expected to reach 0.48 in the next quarter, and analysts are predicting that it will be 2.20 at the market close of one year from today.

Technical Analysis of Fastenal Co (FAST)

[Fastenal Co, FAST] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 85.78% While, its Average True Range was 1.59.

Raw Stochastic average of Fastenal Co (FAST) in the period of the previous 100 days is set at 94.64%, which indicates a major rise in contrast to 86.82% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.33% that was higher than 25.93% volatility it exhibited in the past 100-days period.