Fastenal Co. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $79.04 on 03/21/24, while the lowest price for the same duration was marked at $49.99 on 04/13/23.
52-week price history of FAST Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Fastenal Co.’s current trading price is -4.90% away from its 52-week high, while its distance from the 52-week low is 50.38%. The stock’s price range during this period has spanned from $49.99 to $79.04. In the Industrials sector, the Fastenal Co.’s shares surpassed a trading volume of approximately 3.97 million for the day, which was noticeably higher compared to the average daily volume of 9.3.92 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Fastenal Co. (FAST) has experienced a quarterly rise of 21.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.03B and boasts a workforce of 23201 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 67.96, with a change in price of +15.91. Similarly, Fastenal Co. recorded 3,616,173 in trading volume during the last 100 days, posting a change of +26.85%.
Examining FAST’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Today’s raw stochastic average for Fastenal Co. over the last 50 days is 66.20%.This indicates a increase from the raw stochastic average of the past 20 days, which was 27.66%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 42.06% and 50.58%, respectively.
FAST Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 16.06%. However, over the past six months, we’ve seen a weaker performance of 39.59%. The price of FAST fallen by 1.12% over the last 30 days. And in the last five days, it has fallen by -2.73%.
