Fastly Inc (NYSE: FSLY)’s stock price has plunge by -1.28relation to previous closing price of 10.17. Nevertheless, the company has seen a -11.39% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-12-18 that FSLY thrives on product innovation and a growing customer base. However, slow customer retention is a key challenge.
Is It Worth Investing in Fastly Inc (NYSE: FSLY) Right Now?
Moreover, the 36-month beta value for FSLY is 1.24. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 0 as “sell.”
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The public float for FSLY is 128.24M and currently, short sellers hold a 7.89% of that float. On December 26, 2024, FSLY’s average trading volume was 3.17M shares.
FSLY’s Market Performance
FSLY stock saw an increase of -11.39% in the past week, with a monthly gain of 27.25% and a quarterly increase of 33.87%. The volatility ratio for the week is 8.24%, and the volatility levels for the last 30 days are 6.93% for Fastly Inc (FSLY). The simple moving average for the past 20 days is -0.00% for FSLY’s stock, with a 16.65% simple moving average for the past 200 days.
Analysts’ Opinion of FSLY
Many brokerage firms have already submitted their reports for FSLY stocks, with Oppenheimer repeating the rating for FSLY by listing it as a “Outperform.” The predicted price for FSLY in the upcoming period, according to Oppenheimer is $12 based on the research report published on December 02, 2024 of the current year 2024.
Piper Sandler gave a rating of “Neutral” to FSLY, setting the target price at $6 in the report published on August 08th of the current year.
FSLY Trading at 19.69% from the 50-Day Moving Average
After a stumble in the market that brought FSLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.19% of loss for the given period.
Volatility was left at 6.93%, however, over the last 30 days, the volatility rate increased by 8.24%, as shares surge +23.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.67% upper at present.
During the last 5 trading sessions, FSLY fell by -11.39%, which changed the moving average for the period of 200-days by -28.23% in comparison to the 20-day moving average, which settled at $10.04. In addition, Fastly Inc saw -43.60% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FSLY starting from Bergman Artur, who sale 3,400 shares at the price of $12.01 back on Dec 18 ’24. After this action, Bergman Artur now owns 3,444,136 shares of Fastly Inc, valued at $40,834 using the latest closing price.
Bergman Artur, the Chief Technology Officer of Fastly Inc, sale 10,000 shares at $10.84 during a trade that took place back on Dec 16 ’24, which means that Bergman Artur is holding 3,447,536 shares at $108,400 based on the most recent closing price.
Stock Fundamentals for FSLY
Current profitability levels for the company are sitting at:
- -0.32 for the present operating margin
- 0.53 for the gross margin
The net margin for Fastly Inc stands at -0.27. The total capital return value is set at -0.13. Equity return is now at value -15.33, with -9.55 for asset returns.
Based on Fastly Inc (FSLY), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -76.39.
Currently, EBITDA for the company is -19.01 million with net debt to EBITDA at -3.12. When we switch over and look at the enterprise to sales, we see a ratio of 2.97. The receivables turnover for the company is 4.63for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.97.
Conclusion
To wrap up, the performance of Fastly Inc (FSLY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
