A new trading day began on Friday, with Asana Inc (NYSE: ASAN) stock price down -1.02% from the previous day of trading, before settling in for the closing price of $13.73. ASAN’s price has ranged from $13.43 to $26.27 over the past 52 weeks.
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Annual sales at Technology sector company grew by 55.10% over the past five years. Meanwhile, its annual earnings per share averaged 2.02%. With a float of $80.36 million, this company’s outstanding shares have now reached $139.24 million.
Let’s look at the performance matrix of the company that is accounted for 1840 employees.
Asana Inc (ASAN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Asana Inc is 64.25%, while institutional ownership is 25.93%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.75 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
Here are Asana Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.68.
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)
Asana Inc (NYSE: ASAN) saw its 5-day average volume 1.86 million, a negative change from its year-to-date volume of 1.98 million. As of the previous 9 days, the stock’s Stochastic %D was 13.51%. Additionally, its Average True Range was 0.55.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 1.60%, which indicates a significant decrease from 8.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.29% in the past 14 days, which was lower than the 58.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.78, while its 200-day Moving Average is $19.04. Nevertheless, the first resistance level for the watch stands at $13.74 in the near term. At $13.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.01. If the price goes on to break the first support level at $13.47, it is likely to go to the next support level at $13.36. The third support level lies at $13.20 if the price breaches the second support level.
Asana Inc (NYSE: ASAN) Key Stats
With a market capitalization of 3.06 billion, the company has a total of 224,808K Shares Outstanding. Currently, annual sales are 652,500 K while annual income is -257,030 K. The company’s previous quarter sales were 171,140 K while its latest quarter income was -62,400 K.
