The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Fastenal Co.’s current trading price is -1.72% away from its 52-week high, while its distance from the 52-week low is 50.58%. The stock’s price range for this period has been between $49.99 and $76.59 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 2.88 million for the day, a number notably lower than the average daily volume of 3.89 million over the last three months.
Fastenal Co. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $76.59 on 03/08/24, while the lowest value for the same period was recorded at $49.99 on 04/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fastenal Co. (FAST) has experienced a quarterly rise of 17.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.09B and boasts a workforce of 23201 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 65.39, with a change in price of +16.74. Similarly, Fastenal Co. recorded 3,627,232 in trading volume during the last 100 days, posting a change of +28.60%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FAST stands at 0.16. Similarly, the long-term debt-to-equity ratio is also 0.11.
FAST Stock Stochastic Average
As of today, Fastenal Co.’s raw stochastic average for the last 50 days stands at 91.35%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 81.36%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 81.37% and 80.32%, respectively.
FAST Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 16.21%. However, over the last six months, the performance has been weaker by 38.47%. The price of FAST increased 9.21% over the last 30 days. And in the last five days, it has fallen by -0.88%.
