Fastenal Co. (FAST) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Fastenal Co. (FAST) experienced unusually high volume on Jan. 15, as the stock lost 3.08% to a closing price of $38.04. The stock saw 12.6 million shares trade hands over the course of the day on 83,262 trades. Given that the stock’s average daily volume over the last month has been 2.83 million shares a day, this represents a pretty substantial spike over the norm.

Fastenal Co. has a P/B ratio of 6.18. It also has a P/E ratio of 22.1. The stock has traded between $46.79 and $34.45 over the last 52-weeks, its 50-day SMA is now $40.01, and its 200-day SMA $39.97.

Fastenal Co is engaged in the wholesale distribution of industrial and construction supplies in North America. The Company offers bolts, nuts, screws, studs, and related washers, and miscellaneous supplies and hardware.

Headquartered in Winona, MN, Fastenal Co. has 18,417 employees and is currently under the leadership of CEO Daniel L. Florness.

For a complete fundamental analysis analysis of Fastenal Co., check out’s Stock Valuation Analysis report for FAST. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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