Asana Inc (NYSE: ASAN) kicked off on Tuesday, down -1.51% from the previous trading day, before settling in for the closing price of $15.28. Over the past 52 weeks, ASAN has traded in a range of $11.29-$24.81.
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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. While this was happening, its average annual earnings per share was recorded -1.16%. With a float of $81.69 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Asana Inc is 64.19%, while institutional ownership is 26.17%. The most recent insider transaction that took place on Jul 26 ’24, was worth 76,500. In this transaction Officer of this company proposed sale 5,000 shares at a rate of $15.30, taking the stock ownership to the shares. Before that another transaction happened on Jul 26 ’24, when Company’s Chief Financial Officer sold 5,000 for $15.30, making the entire transaction worth $76,500. This insider now owns 1,063,909 shares in total.
Asana Inc (ASAN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -1.16% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
Take a look at Asana Inc’s (ASAN) current performance indicators. Last quarter, stock had a quick ratio of 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.03 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 1.71 million. That was inferior than the volume of 2.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.39%. Additionally, its Average True Range was 0.62.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 44.34%, which indicates a significant decrease from 77.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.39% in the past 14 days, which was lower than the 49.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.77, while its 200-day Moving Average is $16.87. However, in the short run, Asana Inc’s stock first resistance to watch stands at $15.39. Second resistance stands at $15.72. The third major resistance level sits at $15.98. If the price goes on to break the first support level at $14.80, it is likely to go to the next support level at $14.54. The third support level lies at $14.21 if the price breaches the second support level.
Asana Inc (NYSE: ASAN) Key Stats
The company with the Market Capitalisation of 3.43 billion has total of 228,104K Shares Outstanding. Its annual sales at the moment are 652,500 K in contrast with the sum of -257,030 K annual income. Company’s last quarter sales were recorded 172,450 K and last quarter income was -63,720 K.
