Asana Inc (NYSE: ASAN) kicked off on Tuesday, down -5.48% from the previous trading day, before settling in for the closing price of $14.06. Over the past 52 weeks, ASAN has traded in a range of $11.29-$23.44.
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Technology Sector giant saw their annual sales surged by 55.10% over the last five years. While this was happening, its average annual earnings per share was recorded 2.27%. With a float of $81.68 million, this company’s outstanding shares have now reached $139.24 million.
The firm has a total of 1840 workers. Let’s measure their productivity. In terms of profitability, gross margin is 89.97%, operating margin of -40.28%, and the pretax margin is -37.99%.
Asana Inc (ASAN) Breakdown of a Key Holders of the stock
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 28.14%. The most recent insider transaction that took place on Jul 26 ’24, was worth 76,500. In this transaction Chief Financial Officer of this company sold 5,000 shares at a rate of $15.30, taking the stock ownership to the 1,063,909 shares. Before that another transaction happened on Jul 25 ’24, when Company’s Chief Financial Officer sold 5,000 for $15.00, making the entire transaction worth $75,000. This insider now owns 1,063,909 shares in total.
Asana Inc (ASAN) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported -0.04 earnings per share (EPS), higher than consensus estimate (set at -0.11) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.27% 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 4.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Asana Inc (ASAN)
Analysing the last 5-days average volume posted by the [Asana Inc, ASAN], we can find that recorded value of 1.9 million was lower than the volume posted last year of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 45.34%. Additionally, its Average True Range was 0.61.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 39.76%, which indicates a significant increase from 31.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.17% in the past 14 days, which was lower than the 50.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.67, while its 200-day Moving Average is $16.20. Now, the first resistance to watch is $13.90. This is followed by the second major resistance level at $14.50. The third major resistance level sits at $14.84. If the price goes on to break the first support level at $12.96, it is likely to go to the next support level at $12.62. Now, if the price goes above the second support level, the third support stands at $12.02.
Asana Inc (NYSE: ASAN) Key Stats
The company with the Market Capitalisation of 3.03 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.
