Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 20.70%. However, over the past six months, we’ve seen a weaker performance of 14.82%. The price of FAST fallen by 9.53% over the last 30 days. And in the last five days, it has surged by 3.39%.
In terms of market performance, Fastenal Co had a fairly even. The highest value for the stock in the past year was $79.04 on 03/21/24, and the lowest value was recorded at $57.68 on 11/01/23.
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 -1.09% away from its 52-week high, while its distance from the 52-week low is 35.55%. The stock’s price range during this period has varied between$57.68 and $79.04. The Fastenal Co’s shares, which operate in the Industrials, saw a trading volume of around 3.97 million for the day, a figure considerably higher than their average daily volume of 2.52 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fastenal Co (FAST) has experienced a quarterly rise of 16.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 44.79B 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 68.87, with a change in price of +14.80. Similarly, Fastenal Co recorded 2,787,134 in trading volume during the last 100 days, posting a change of +23.35%.
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 96.08%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 93.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 92.42% and 85.89%, respectively.
