Recent developments with Fastly Inc (FSLY) have led to the company’s beta value being reach 1.24 cents.

A new trading day began on Friday, with Fastly Inc (NYSE: FSLY) stock price up 7.07% from the previous day of trading, before settling in for the closing price of $7.92. FSLY’s price has ranged from $5.52 to $25.87 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 28.93%. Meanwhile, its annual earnings per share averaged 40.88%. With a float of $127.90 million, this company’s outstanding shares have now reached $132.99 million.

The extent of productivity of a business whose workforce counts for 1207 workers is very important to gauge. In terms of profitability, gross margin is 53.16%, operating margin of -31.92%, and the pretax margin is -27.28%.

Fastly Inc (FSLY) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Fastly Inc is 8.84%, while institutional ownership is 62.94%. The most recent insider transaction that took place on Dec 02 ’24, was worth 9,025. Before that another transaction happened on Nov 25 ’24, when Company’s CEO sold 12,163 for $8.12, making the entire transaction worth $98,764. This insider now owns 1,588,810 shares in total.

Fastly Inc (FSLY) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 40.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -25.28% drop over the previous five years of trading.

Fastly Inc (NYSE: FSLY) Trading Performance Indicators

Here are Fastly Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.09, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.03 in one year’s time.

Technical Analysis of Fastly Inc (FSLY)

The latest stats from [Fastly Inc, FSLY] show that its last 5-days average volume of 2.75 million was inferior to 3.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.79%. Additionally, its Average True Range was 0.45.

During the past 100 days, Fastly Inc’s (FSLY) raw stochastic average was set at 91.36%, which indicates a significant decrease from 98.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.69% in the past 14 days, which was higher than the 64.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.37, while its 200-day Moving Average is $8.94. Now, the first resistance to watch is $8.69. This is followed by the second major resistance level at $8.89. The third major resistance level sits at $9.27. If the price goes on to break the first support level at $8.11, it is likely to go to the next support level at $7.73. The third support level lies at $7.53 if the price breaches the second support level.

Fastly Inc (NYSE: FSLY) Key Stats

With a market capitalization of 1.27 billion, the company has a total of 140,300K Shares Outstanding. Currently, annual sales are 505,990 K while annual income is -133,090 K. The company’s previous quarter sales were 137,210 K while its latest quarter income was -38,020 K.