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 -13.74% away from its 52-week high, while its distance from the 52-week low is 29.82%. The stock’s price range for this period has been between $52.52 and $79.04 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 3.34 million for the day, a number notably lower than the average daily volume of 3.8 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 $79.04 on 03/21/24, while the lowest value for the same period was recorded at $52.52 on 05/04/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fastenal Co. (FAST) has experienced a quarterly decline of -0.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 39.04B 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 69.75, with a change in price of +6.05. Similarly, Fastenal Co. recorded 3,866,910 in trading volume during the last 100 days, posting a change of +9.74%.
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 0.14. 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 11.35%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 13.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.64% and 13.68%, respectively.
FAST Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 5.26%.However, over the last six months, we can see a weaker performance of 17.82%. Over the last 30 days, the price of FAST has leaped by -10.64%. And in the last five days, it has surged by 0.65%.
