Fastly Inc Stock Price on October 29, 2024

FSLY Stock  USD 7.89  0.28  3.68%   
Below is the normalized historical share price chart for Fastly Inc extending back to May 10, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fastly stands at 7.89, as last reported on the 24th of November, with the highest price reaching 8.07 and the lowest price hitting 7.56 during the day.
IPO Date
19th of April 2019
200 Day MA
9.3354
50 Day MA
7.268
Beta
1.231
 
Covid
If you're considering investing in Fastly Stock, it is important to understand the factors that can impact its price. Fastly appears to be somewhat reliable, given 3 months investment horizon. Fastly Inc secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fastly Inc, which you can use to evaluate the volatility of the firm. Please utilize Fastly's Mean Deviation of 2.78, downside deviation of 3.37, and Coefficient Of Variation of 913.37 to check if our risk estimates are consistent with your expectations.
  
Total Stockholder Equity is likely to drop to about 624.1 M in 2024. Common Stock Total Equity is likely to drop to 1,760 in 2024. At this time, Fastly's Price Book Value Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 6,648 in 2024, whereas Price To Sales Ratio is likely to drop 4.30 in 2024. Fastly Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.112

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Estimated Market Risk

 3.97
  actual daily
35
65% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Fastly is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fastly by adding it to a well-diversified portfolio.
Price Book
1.1013
Enterprise Value Ebitda
(18.37)
Price Sales
2.0466
Shares Float
130.1 M
Wall Street Target Price
7.1667

Related Headline

Zoom Video Headline on 29th of October 2024

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Fastly Valuation on October 29, 2024

It is possible to determine the worth of Fastly on a given historical date. On October 29, 2024 Fastly was worth 7.3 at the beginning of the trading date compared to the closed value of 7.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fastly stock. Still, in general, we apply an absolute valuation method to find Fastly's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fastly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fastly's related companies.
 Open High Low Close Volume
  7.38    7.54    7.31    7.33    1,792,044  
10/29/2024
  7.30    7.45    7.26    7.34    1,986,794  
  7.35    7.59    7.30    7.30    1,909,964  
Backtest Fastly  |  Fastly History  |  Fastly Valuation   PreviousNext  
Open Value
7.3
7.34
Closing Value
19.20
Upside

Fastly Trading Date Momentum on October 29, 2024

On October 30 2024 Fastly Inc was traded for  7.30  at the closing time. The top price for the day was 7.59  and the lowest listed price was  7.30 . The trading volume for the day was 1.9 M. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.54% . The overall trading delta against the current closing price is 11.04% .

Fastly Inc Fundamentals Correlations and Trends

By evaluating Fastly's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fastly's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fastly financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fastly Stock history

Fastly investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fastly is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fastly Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fastly stock prices may prove useful in developing a viable investing in Fastly
Last ReportedProjected for Next Year
Common Stock Shares Outstanding128.8 M109.4 M
Net Loss-171.7 M-163.1 M

Fastly Quarterly Net Working Capital

338.85 Million

Fastly Stock Technical Analysis

Fastly technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fastly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fastly trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fastly Period Price Range

Low
November 24, 2024
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High

 0.00 

     

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Fastly November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Fastly stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fastly shares will generate the highest return on investment. By undertsting and applying Fastly stock market strength indicators, traders can identify Fastly Inc entry and exit signals to maximize returns

Fastly Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fastly's price direction in advance. Along with the technical and fundamental analysis of Fastly Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fastly to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Fastly Stock Analysis

When running Fastly's price analysis, check to measure Fastly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastly is operating at the current time. Most of Fastly's value examination focuses on studying past and present price action to predict the probability of Fastly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastly's price. Additionally, you may evaluate how the addition of Fastly to your portfolios can decrease your overall portfolio volatility.