On Friday, Asana Inc (NYSE: ASAN) opened lower -3.41% from the last session, before settling in for the closing price of $14.96. Price fluctuations for ASAN have ranged from $14.37 to $26.27 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 55.10% annually for the last half of the decade. Company’s average yearly earnings per share was noted 2.02% at the time writing. With a float of $80.36 million, this company’s outstanding shares have now reached $139.24 million.
In an organization with 1840 employees, it is important to assess its efficiency.
Asana Inc (ASAN) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Asana Inc is 64.25%, while institutional ownership is 25.92%. 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) Performance Highlights and Predictions
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
Check out the current performance indicators for Asana Inc (ASAN). In the past 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 4.98.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.36 million. That was inferior than the volume of 1.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.95%. Additionally, its Average True Range was 0.59.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 1.91%, which indicates a significant decrease from 11.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.14% in the past 14 days, which was lower than the 58.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.18, while its 200-day Moving Average is $19.25. However, in the short run, Asana Inc’s stock first resistance to watch stands at $14.73. Second resistance stands at $15.02. The third major resistance level sits at $15.25. If the price goes on to break the first support level at $14.22, it is likely to go to the next support level at $13.99. Assuming the price breaks the second support level, the third support level stands at $13.70.
Asana Inc (NYSE: ASAN) Key Stats
There are currently 224,808K shares outstanding in the company with a market cap of 3.25 billion. Presently, the company’s annual sales total 652,500 K according to its annual income of -257,030 K. Last quarter, the company’s sales amounted to 171,140 K and its income totaled -62,400 K.
