(VIANEWS) – Shares of Fastly (NYSE: FSLY) rose by a staggering 11.37% to $14.99 at 11:52 EST on Tuesday, after two successive sessions in a row of gains. NYSE is falling 0.16% to $15,294.90, after two sequential sessions in a row of losses. This seems, so far, a somewhat negative trend exchanging session today.
About Fastly
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. It is a programmable platform designed for web and application delivery. The company offers Compute@Edge; network services to speed up and optimize the delivery of web and application traffic; device detection and geolocation; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability, and modern protocols and performance services; and streaming solutions and services, including live streaming and media shield. It also provides edge security solutions, such as DDoS protection, next-gen WAF, bot protection, API and ATO protection, advanced rate limiting, and compliance services; transport layer security (TLS) and platform TLS; and origin connect. In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and edge delivery services. It serves customers operating in digital publishing, media and entertainment, technology, online retail and education, SaaS, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Fastly has a trailing twelve months EPS of $-1.42.
Volume
Today’s last reported volume for Fastly is 2866940 which is 15.7% below its average volume of 3401210.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 56.5% and 64.3%, respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Fastly’s stock is considered to be overbought (>=80).
Volatility
Fastly’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.08%, a negative 1.22%, and a positive 3.25%.
Fastly’s highest amplitude of average volatility was 2.05% (last week), 3.06% (last month), and 3.25% (last quarter).
More news about Fastly (FSLY).
