A new trading day began on Tuesday, with Asana Inc (NYSE: ASAN) stock price down -0.22% from the previous day of trading, before settling in for the closing price of $13.81. ASAN’s price has ranged from $11.05 to $23.44 over the past 52 weeks.
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
Annual sales at Technology sector company grew by 55.10% over the past five years. Meanwhile, its annual earnings per share averaged 3.59%. With a float of $82.35 million, this company’s outstanding shares have now reached $139.24 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Asana Inc is 63.91%, while institutional ownership is 25.83%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 3.59% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
Here are Asana Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.56.
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)
Asana Inc (NYSE: ASAN) saw its 5-day average volume 1.72 million, a negative change from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 26.67%. Additionally, its Average True Range was 0.51.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 61.12%, which indicates a significant increase from 55.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.69% in the past 14 days, which was higher than the 44.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.38, while its 200-day Moving Average is $14.26. Nevertheless, the first resistance level for the watch stands at $13.95 in the near term. At $14.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.34. If the price goes on to break the first support level at $13.57, it is likely to go to the next support level at $13.36. Assuming the price breaks the second support level, the third support level stands at $13.18.
Asana Inc (NYSE: ASAN) Key Stats
With a market capitalization of 3.14 billion, the company has a total of 228,164K Shares Outstanding. Currently, annual sales are 652,500 K while annual income is -257,030 K. The company’s previous quarter sales were 179,210 K while its latest quarter income was -72,190 K.
