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home / news releases / FAST - Fastenal Company: 52-Week High Recently Eclipsed (FAST)


FAST - Fastenal Company: 52-Week High Recently Eclipsed (FAST)

Fastenal Company (NASDAQ:FAST) traded at a new 52-week high today of $57.26. Approximately 282,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares.

Over the past year, Fastenal Company has traded in a range of $42.57 to $57.26 and is now at $56.72, 33% above that low.

Based on a current price of $56.72, Fastenal Company is currently 3.3% above its average consensus analyst price target of $54.83.

Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,900 branches, over 1,300 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.

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Stock Information

Company Name: Fastenal Company
Stock Symbol: FAST
Market: NASDAQ
Website: fastenal.com

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