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Fastenal (FAST) Soars: Stock Adds 10.1% in Session

Fastenal Company FAST was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $47.69 to $53.48 in the past one-month time frame.

The move came after the company reported solid second-quarter 2018 results.

The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Fastenal currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

Fastenal Company Price and Consensus

Fastenal Company Price and Consensus | Fastenal Company Quote

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Is FAST going up? Or down? Predict to see what others think: Up or Down

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See Zacks' 3 Best Stocks to Play This Trend >>


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