Asana Inc (NYSE: ASAN) on Tuesday, soared 0.42% from the previous trading day, before settling in for the closing price of $14.28. Within the past 52 weeks, ASAN’s price has moved between $11.05 and $23.44.
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During the last 5-year period, the sales growth of Technology Sector giant was 55.10%. The company achieved an average annual earnings per share of 3.81%. With a float of $82.35 million, this company’s outstanding shares have now reached $139.24 million.
Let’s determine the extent of company efficiency that accounts for 1840 employees. 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
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 28.08%. The most recent insider transaction that took place on Nov 06 ’24, was worth 264,024. Before that another transaction happened on Sep 20 ’24, when Company’s GC, Corporate Secretary sold 9,308 for $11.99, making the entire transaction worth $111,603. This insider now owns 375,310 shares in total.
Asana Inc (ASAN) Recent Fiscal highlights
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 4.75.
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)
Looking closely at Asana Inc (NYSE: ASAN), its last 5-days average volume was 1.65 million, which is a drop from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 94.49%. Additionally, its Average True Range was 0.48.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 73.63%, which indicates a significant decrease from 94.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.96% in the past 14 days, which was lower than the 44.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.16, while its 200-day Moving Average is $14.35. However, in the short run, Asana Inc’s stock first resistance to watch stands at $14.54. Second resistance stands at $14.74. The third major resistance level sits at $14.98. If the price goes on to break the first support level at $14.10, it is likely to go to the next support level at $13.85. Now, if the price goes above the second support level, the third support stands at $13.65.
Asana Inc (NYSE: ASAN) Key Stats
Market capitalization of the company is 3.27 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.
