Fastenal Co (FAST) currently has a stock price of $46.63. The stock saw a sharp increase in the last trading session, hitting a high of $49.0 after opening at $46.62. The lowest recorded price for the day was $29.5 before it closed at $45.44.
In terms of market performance, Fastenal Co had a somewhat regular.
52-week price history of FAST Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Fastenal Co’s current trading price is -3.06% away from its 52-week high, while its distance from the 52-week low is 45.52%. The stock’s price range during this period has fluctuated between $32.04 and $48.10. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 2.68 million for the day, which was evidently lower than the average daily volume of 6.01 million over the last three months.
Financial Performance and Market Capitalization
Fastenal Co (FAST) has experienced a quarterly rise of 18.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.51B and boasts a workforce of 23702 employees.
Analysts’ Ratings For Fastenal Co
As of right now, 3 analysts are rating Fastenal Co as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Moving average and trading volume data
FAST Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation 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 0.08.
FAST Stock Stochastic Average
The raw stochastic average for Fastenal Co over the last 50 days is presently at 40.13%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 34.73%. Further, the company’s Stochastic %K and %D values for the last 20 days were 28.88% and 20.65%, respectively.
FAST Stock Price Performance Analysis
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 38.57%.However, over the last six months, we can see a weaker performance of 27.42%. Over the last 30 days, the price of FAST has fallen by 8.85%. And in the last five days, it has surged by 0.47%.
