Asana Inc (ASAN) 14-day ATR is 0.69: This Stock is Set to Soar Above its Peers

As on Wednesday, Asana Inc (NYSE: ASAN) got off with the flyer as it spiked 3.73% to $11.67, before settling in for the price of $11.25 at the close. Taking a more long-term approach, ASAN posted a 52-week range of $11.05-$23.44.

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It was noted that the giant of the Technology sector posted annual sales growth of 55.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -29.44%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.89%. This publicly-traded company’s shares outstanding now amounts to $139.24 million, simultaneously with a float of $81.72 million. The organization now has a market capitalization sitting at $2.66 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.50, while the 200-day Moving Average is $15.92.

Asana Inc (ASAN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Asana Inc’s current insider ownership accounts for 64.19%, in contrast to 30.06% institutional ownership. Preceding that transaction, on Jul 26 ’24, Company’s Chief Financial Officer sold 5,000 for 15.30, making the whole transaction’s value amount to 76,500. This particular insider is now the holder of 1,063,909 in total.

Asana Inc (ASAN) Earnings and Revenue Records

Asana Inc’s EPS increase for this current 12-month fiscal period is 3.89% and is forecasted to reach -0.04 in the upcoming year.

Asana Inc (NYSE: ASAN) Trading Performance Indicators

Let’s observe the current performance indicators for Asana Inc (ASAN). It’s Quick Ratio in the last reported quarter now stands at 1.57. The Stock has managed to achieve an average true range (ATR) of 0.69. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.86.

In the same vein, ASAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.15, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.04 at the market close of one year from today.

Technical Analysis of Asana Inc (ASAN)

Through scrutinizing the latest numbers posted by the [Asana Inc, ASAN], it can be observed that its last 5-days Average volume of 3.21 million was better the volume of 2.08 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 10.38% While, its Average True Range was 0.71.

Raw Stochastic average of Asana Inc (ASAN) in the period of the previous 100 days is set at 11.85%, which indicates a major fall in contrast to 17.53% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 55.81% that was higher than 51.75% volatility it exhibited in the past 100-days period.