Fastly, Inc. (FSLY) Is Posting Gains, Do You Know Why?

Fastly, Inc. (FSLY) has seen some recent movement in the stock market and its stock finished trading at $39.50 yesterday. Investors are starting to take interest of FSLY as the stock traded as high as $39.78 and as low as $36.55 in the prior market session.

Fastly, Inc. (FSLY) average trading volume is 2.86M. However, in the prior market session Fastly, Inc. (FSLY) exchanged 3,026,680 shares. The 1st downside support level on FSLY is $36.22. FSLY 50day moving average is $24.55 and FSLY 200-day moving average is $21.52.

Fastly, Inc. (FSLY) most current performance has been specified by the recent movement in FSLY stock. FSLY has performed 71.96% over the past 30 days, FSLY has performed 72.04% over the past 90 days. Fastly, Inc. (FSLY) has a 12 month range of $10.63 to $39.78. Fastly, Inc. (FSLY) is trading 271.59% from its 12 month low and 1.10% from its 12 month high. Fastly, Inc. (FSLY) is displaying a 4.00% short float displaying the amount short in the float.

FSLY has 95.40M shares outstanding and 64.29M shares in the float. Fastly, Inc. (FSLY) presently has a market cap of $3.54B and income of $-53.80M. The EPS next quarter for FSLY is -0.01 and forecasted EPS net year is 30.00%. The market cap of Fastly, Inc. (FSLY) at $3.54B signifies how many Investors own shares of FSLY and is based off the last price ($39.50) of FSLY and the amount of shares outstanding (95.40M) with Fastly, Inc. (FSLY).

Fastly, Inc. (FSLY) has aggregate cash (mrq) of 116.58M, aggregate cash per share (mrq) of 1.22, aggregate debt of FSLY stands at 31.33M and aggregate debt/equity (mrq) is 12.24. Fastly, Inc. (FSLY) operational cash flow (ttm) is -28.41M and FSLY leveraged free cash flow (ttm) is -95.04M.

FSLY is trading 48.72% above (bullish) its SMA20, 83.21% above (bullish) its SMA50 and 77.72% above (bullish) its SMA200.

About Fastly, Inc. (FSLY):

Fastly Inc. provides infrastructure software. The Company offers cloud computing, image optimization, security, edge computer technology and streaming solutions.