Fastly Share Price. Yesterday its share price jumped by as much as 10 as some investors flocked back. The purchase will allow Fastly to provide well-rounded security solutions to its clients that were previously not possible.
It works in a B2B niche at the foundation of the internet with rivals like Cloudflare Amazon Microsoft and Akamai. This gives the stock a price-to-sales ratio PS of 126 based on its 2021 revenue guidance of 350 million. Fastly Inc FSLY Sell.
It is priced as a pay-as-you-go service subject to a US50 per month minimum charge with bandwidth charged at variable rates depending on region.
FSLY were tumbling today on seemingly no company-related news. The worldwide crisis was a boon for Fastlys business. 072 in the next 5 days and 240 within the next two weeks. The fast growing but loss-making business is now worth 78 billion having listed in May 2019 at 16 a share and with a valuation of just 145 billion.
