Asana Inc (ASAN) volume exceeds 1.12 million: A new investment opportunity for investors

On Tuesday, Asana Inc (NYSE: ASAN) was -0.16% drop from the session before settling in for the closing price of $12.20. A 52-week range for ASAN has been $11.05 – $23.44.

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Technology Sector giant saw their annual sales surged by 55.10% over the last five years. When this article was written, the company’s average yearly earnings per share was at 3.89%. With a float of $82.34 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 89.67%, operating margin of -39.8%, and the pretax margin is -37.19%.

Asana Inc (ASAN) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Asana Inc stocks. The insider ownership of Asana Inc is 63.91%, while institutional ownership is 27.91%. The most recent insider transaction that took place on Sep 20 ’24, was worth 111,603. In this transaction GC, Corporate Secretary of this company sold 9,308 shares at a rate of $11.99, taking the stock ownership to the 375,310 shares. Before that another transaction happened on Sep 23 ’24, when Company’s GC, Corporate Secretary sold 4,977 for $11.79, making the entire transaction worth $58,662. This insider now owns 370,333 shares in total.

Asana Inc (ASAN) Recent Fiscal highlights

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 4.03.

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)

Analysing the last 5-days average volume posted by the [Asana Inc, ASAN], we can find that recorded value of 1.26 million was lower than the volume posted last year of 2.05 million. As of the previous 9 days, the stock’s Stochastic %D was 89.28%. Additionally, its Average True Range was 0.47.

During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 25.36%, which indicates a significant decrease from 84.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.85% in the past 14 days, which was lower than the 51.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.42, while its 200-day Moving Average is $14.91. Now, the first resistance to watch is $12.37. This is followed by the second major resistance level at $12.56. The third major resistance level sits at $12.74. If the price goes on to break the first support level at $11.99, it is likely to go to the next support level at $11.81. Now, if the price goes above the second support level, the third support stands at $11.62.

Asana Inc (NYSE: ASAN) Key Stats

There are 228,104K outstanding shares of the company, which has a market capitalization of 2.78 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.