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FAST: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 12.41%.However, over the last six months, we can see a weaker performance of 15.87%. Over the last 30 days, the price of FAST has leaped by -13.42%. And in the last five days, it has fallen by -1.65%.

Fastenal Co experienced a rather steady stock market performance. The highest value in the past year was recorded at $84.88 on 11/11/24 and the lowest value was $61.33 on 01/09/24.

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 -14.22% away from its 52-week high, while its distance from the 52-week low is 18.72%. The stock’s price range during this period has varied between$61.33 and $84.88. The Fastenal Co’s shares, which operate in the Industrials, saw a trading volume of around 0.65 million for the day, a figure considerably lower than their average daily volume of 2.76 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Fastenal Co (FAST) has experienced a quarterly rise of 1.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.71B 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 74.46, with a change in price of +7.04. Similarly, Fastenal Co recorded 2,500,512 in trading volume during the last 100 days, posting a change of +10.73%.

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 0.04%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 0.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.11% and 11.55%, respectively.

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