Recent developments with Asana Inc (ASAN) have led to the company’s beta value being reach 1.23 cents.

On Tuesday, Asana Inc (NYSE: ASAN) was 2.35% jump from the session before ,before settling in for the closing price of $14.91. A 52-week range for ASAN has been $14.63 – $26.27.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 55.10%. When this article was written, the company’s average yearly earnings per share was at 2.02%. With a float of $79.39 million, this company’s outstanding shares have now reached $139.24 million.

The extent of productivity of a business whose workforce counts for 1840 workers is very important to gauge.

Asana Inc (ASAN) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Asana Inc stocks. The insider ownership of Asana Inc is 64.69%, while institutional ownership is 25.89%. The most recent insider transaction that took place on Apr 01 ’24, was worth 69,027. In this transaction GC, CORPORATE SECRETARY of this company sold 4,462 shares at a rate of $15.47, taking the stock ownership to the 220,739 shares. Before that another transaction happened on Mar 20 ’24, when Company’s CHIEF OPERATING OFFICER sold 11,779 for $15.38, making the entire transaction worth $181,137. This insider now owns 492,230 shares in total.

Asana Inc (ASAN) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 1/30/2024, it has been observed that the corporation posted -$0.04 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.1) by $0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.02% per share during the next fiscal year.

Asana Inc (NYSE: ASAN) Trading Performance Indicators

You can see what Asana Inc (ASAN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.17, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.02 in one year’s time.

Technical Analysis of Asana Inc (ASAN)

The latest stats from [Asana Inc, ASAN] show that its last 5-days average volume of 1.43 million was inferior to 2.01 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.40%. Additionally, its Average True Range was 0.57.

During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 7.15%, which indicates a significant decrease from 46.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.48% in the past 14 days, which was lower than the 60.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.40, while its 200-day Moving Average is $19.36. Now, the first resistance to watch is $15.38. This is followed by the second major resistance level at $15.49. The third major resistance level sits at $15.71. If the price goes on to break the first support level at $15.05, it is likely to go to the next support level at $14.83. The third support level lies at $14.72 if the price breaches the second support level.

Asana Inc (NYSE: ASAN) Key Stats

There are 224,808K outstanding shares of the company, which has a market capitalization of 3.43 billion. As of now, sales total 652,500 K while income totals -257,030 K. Its latest quarter income was 171,140 K while its last quarter net income were -62,400 K.