Asana Inc (ASAN) is -4.91% away from 50-day simple Moving Average despite all headwinds

Asana Inc (NYSE: ASAN) open the trading on Wednesday, with a bit cautious approach as it glided -3.84% to $11.76, before settling in for the price of $12.23 at the close. Taking a more long-term approach, ASAN posted a 52-week range of $11.05-$23.44.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

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 $82.34 million. The organization now has a market capitalization sitting at $2.68 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.37, while the 200-day Moving Average is $14.74.

Asana Inc (ASAN) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. Asana Inc’s current insider ownership accounts for 63.91%, in contrast to 27.92% institutional ownership. According to the most recent insider trade that took place on Sep 20 ’24, this organization’s GC, Corporate Secretary sold 9,308 shares at the rate of 11.99, making the entire transaction reach 111,603 in total value, affecting insider ownership by 375,310. Preceding that transaction, on Sep 23 ’24, Company’s GC, Corporate Secretary sold 4,977 for 11.79, making the whole transaction’s value amount to 58,662. This particular insider is now the holder of 370,333 in total.

Asana Inc (ASAN) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

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 0.44. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.89.

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)

[Asana Inc, ASAN] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 47.38% While, its Average True Range was 0.42.

Raw Stochastic average of Asana Inc (ASAN) in the period of the previous 100 days is set at 15.98%, which indicates a major fall in contrast to 41.43% 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 28.01% that was lower than 50.34% volatility it exhibited in the past 100-days period.