A new trading day began on Friday, with Fastly Inc (NYSE: FSLY) stock price up 1.30% from the previous day of trading, before settling in for the closing price of $9.99. FSLY’s price has ranged from $5.52 to $25.87 over the past 52 weeks.
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
A company in the Technology sector has jumped its sales by 26.49% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 41.11%. With a float of $127.93 million, this company’s outstanding shares have now reached $140.08 million.
In an organization with 1207 employees, it is important to assess its efficiency. 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 Updates
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 8.54%, while institutional ownership is 63.31%. The most recent insider transaction that took place on Feb 03 ’25, was worth 102,100. In this transaction Chief Technology Officer of this company sold 10,000 shares at a rate of $10.21, taking the stock ownership to the 3,374,136 shares. Before that another transaction happened on Jan 23 ’25, when Company’s Chief Technology Officer sold 31,551 for $10.31, making the entire transaction worth $325,291. This insider now owns 3,394,136 shares in total.
Fastly Inc (FSLY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.11% per share during the next fiscal year.
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 2.63.
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 0.05 in one year’s time.
Technical Analysis of Fastly Inc (FSLY)
Let’s dig in a bit further. During the last 5-days, its volume was 2.24 million. That was inferior than the volume of 2.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.34%. Additionally, its Average True Range was 0.54.
During the past 100 days, Fastly Inc’s (FSLY) raw stochastic average was set at 66.38%, which indicates a significant increase from 44.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.72% in the past 14 days, which was lower than the 66.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.88, while its 200-day Moving Average is $8.15. However, in the short run, Fastly Inc’s stock first resistance to watch stands at $10.26. Second resistance stands at $10.40. The third major resistance level sits at $10.57. If the price goes on to break the first support level at $9.94, it is likely to go to the next support level at $9.77. Assuming the price breaks the second support level, the third support level stands at $9.63.
Fastly Inc (NYSE: FSLY) Key Stats
With a market capitalization of 1.42 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.
