On Friday, Asana Inc (NYSE: ASAN) was -4.94% drop from the session before settling in for the closing price of $12.54. A 52-week range for ASAN has been $11.05 – $23.44.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 55.10%. When this article was written, the company’s average yearly earnings per share was at 3.89%. With a float of $81.72 million, this company’s outstanding shares have now reached $139.24 million.
Considering the fact that the conglomerate employs 1840 people, you should pay attention to its efficiency factor.
Asana Inc (ASAN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Asana Inc stocks. The insider ownership of Asana Inc is 64.19%, while institutional ownership is 27.91%. The most recent insider transaction that took place on Sep 13 ’24, was worth 1,458,750. Before that another transaction happened on Sep 11 ’24, when Company’s Officer proposed sale 30,000 for $11.45, making the entire transaction worth $343,479.
Asana Inc (ASAN) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted -0.04 earnings per share (EPS) during the time that was better than consensus figure (set at -0.11) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.89% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
You can see what Asana Inc (ASAN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Asana Inc (ASAN)
Compared to the last year’s volume of 2.09 million, its volume of 2.26 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 66.63%. Additionally, its Average True Range was 0.64.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 16.59%, which indicates a significant decrease from 28.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.17% in the past 14 days, which was higher than the 51.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.32, while its 200-day Moving Average is $15.59. Nevertheless, the first resistance level for the watch stands at $12.33 in the near term. At $12.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.04. If the price goes on to break the first support level at $11.63, it is likely to go to the next support level at $11.33. Should the price break the second support level, the third support level stands at $10.92.
Asana Inc (NYSE: ASAN) Key Stats
There are 228,104K outstanding shares of the company, which has a market capitalization of 2.72 billion. As of now, sales total 652,500 K while income totals -257,030 K. Its latest quarter income was 179,210 K while its last quarter net income were -72,190 K.
