The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 18.17%. However, over the last six months, the performance has been weaker by 13.38%. The price of FAST increased 6.56% over the last 30 days. And in the last five days, it has fallen by -0.48%.
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 $56.06 on 10/25/23.
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 -3.16% away from its 52-week high, while its distance from the 52-week low is 36.54%. The stock’s price range during this period has varied between$56.06 and $79.04. The Fastenal Co.’s shares, which operate in the Industrials, saw a trading volume of around 4.31 million for the day, a figure considerably higher than their average daily volume of 2.53 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fastenal Co. (FAST) has experienced a quarterly rise of 13.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.85B 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 68.00, with a change in price of +11.68. Similarly, Fastenal Co. recorded 2,929,115 in trading volume during the last 100 days, posting a change of +18.01%.
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 0.15. Similarly, the long-term debt-to-equity ratio is also 0.09.
FAST Stock Stochastic Average
Fastenal Co.’s raw stochastic average for the past 50 days is presently 84.90%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 76.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.60% and 88.20%, respectively.
