Asana Inc (NYSE: ASAN) on Tuesday, soared 1.42% from the previous trading day, before settling in for the closing price of $12.00. Within the past 52 weeks, ASAN’s price has moved between $11.05 and $23.44.
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Technology Sector giant saw their annual sales surged by 55.10% over the last five years. The company achieved an average annual earnings per share of 3.81%. 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) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Asana Inc is 63.91%, while institutional ownership is 27.92%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 3.81% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
Asana Inc (ASAN) is currently performing well based on its current performance indicators. A quick ratio of 1.57 was reported for the most recent quarter. 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 1.33 million was lower than the volume posted last year of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.42.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 25.14%, which indicates a significant decrease from 66.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.29% in the past 14 days, which was lower than the 49.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.27, while its 200-day Moving Average is $14.61. Now, the first resistance to watch is $12.28. This is followed by the second major resistance level at $12.38. The third major resistance level sits at $12.60. If the price goes on to break the first support level at $11.96, it is likely to go to the next support level at $11.74. Should the price break the second support level, the third support level stands at $11.64.
Asana Inc (NYSE: ASAN) Key Stats
Market capitalization of the company is 2.78 billion based on 228,164K outstanding shares. Right now, sales total 652,500 K and income totals -257,030 K. The company made 179,210 K in profit during its latest quarter, and -72,190 K in sales during its previous quarter.
