Stock price performance of Fastenal Company is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.75% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 11.46% . Looking at the past 52 week period, the stock price is up at 13.36% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Fastenal Company has a negative value of -4.12 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 3.55% and the 50-Day Moving Average is 4.97%.The 200 Day SMA reached 14.11%
Fastenal Company is having a Relative Strength Index of 50.64 which indicates the stock is not yet over sold or over bought based on the technical indicators. Fastenal Company (NASDAQ:FAST) has tumbled 2.25% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.44% in the last four weeks. The stocks have underperformed the S&P 500 by 2.37% during the past week but Fastenal Company (NASDAQ:FAST) it has outperformed the index in 4 weeks by 4.5%.
Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Reyne K Wisecup (Executive Vice President) sold 50,000 shares at 48.98 per share price.On Dec 1, 2016, Leland J Hein (Senior EVP) sold 2,000 shares at 47.40 per share price.On Oct 17, 2016, Michael J Ancius (director) purchased 700 shares at 38.82 per share price.
Fastenal Company Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.38. The company had revenue of $947.90 million for the quarter, compared to analysts expectations of $951.83 million. The companys revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 19, 2017 to Hold, Raises Price Target to $ 50 from a previous price target of $44 .Fastenal Company was Upgraded by Avondale to Mkt Outperform on Jan 12, 2017. Fastenal Company was Upgraded by KeyBanc Capital Mkts to Overweight on Jan 5, 2017.
Fastenal Company (NASDAQ:FAST) : On Friday heightened volatility was witnessed in Fastenal Company (NASDAQ:FAST) which led to swings in the share price. The stock opened for trading at $49.26 and hit $49.8 on the upside , eventually ending the session at $49.04, with a gain of 0.08% or 0.04 points. The heightened volatility saw the trading volume jump to 2,533,153 shares. The 52-week high of the share price is $51.56 and the company has a market cap of $14,181 million. The 52-week low of the share price is at $37.7 .
Fastenal Company sells industrial and construction supplies grouped into eleven product lines. The traditional Fastenal? product line consists of threaded fasteners and other miscellaneous supplies. The Company also sells, in its other ten product lines, tools, metal cutting tool blades and blade resharpening services, fluid transfer components and accessories for hydraulic and pneumatic power, material handling and storage products, janitorial and paper products, electrical supplies, welding supplies, safety supplies, and raw materials.