Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 6.21%.However, over the last six months, we can see a weaker performance of 15.14%. Over the last 30 days, the price of FAST has leaped by -8.32%. And in the last five days, it has fallen by -9.37%.
Fastenal Co. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $79.04 on 03/21/24, while the lowest price for the same period was registered at $51.96 on 04/26/23.
52-week price history of FAST Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Fastenal Co.’s current trading price is -12.97% away from its 52-week high, while its distance from the 52-week low is 32.39%. The stock’s price range during this period has varied between$51.96 and $79.04. The Fastenal Co.’s shares, which operate in the Industrials, saw a trading volume of around 3.98 million for the day, a figure considerably lower than their average daily volume of 4.15 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fastenal Co. (FAST) has experienced a quarterly rise of 7.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 39.38B and boasts a workforce of 23201 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 68.96, with a change in price of +7.87. Similarly, Fastenal Co. recorded 3,819,591 in trading volume during the last 100 days, posting a change of +12.92%.
FAST’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FAST stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.11.
FAST Stock Stochastic Average
Fastenal Co.’s raw stochastic average for the past 50 days is presently 3.16%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 1.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.49% and 6.39%, respectively.
