On Friday, Asana Inc (NYSE: ASAN) was 6.93% up from the session before settling in for the closing price of $14.72. A 52-week range for ASAN has been $11.05 – $23.44.
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Annual sales at Technology sector company grew by 55.10% over the past five years. When this article was written, the company’s average yearly earnings per share was at 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 and Institutional Ownership
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 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted -0.04 earnings per share (EPS) during the time that was better than consensus figure (set at -0.11) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
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
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 5.57.
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 1.76 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 63.09%. Additionally, its Average True Range was 0.57.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 98.22%, which indicates a significant increase from 97.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.09% in the past 14 days, which was higher than the 45.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.55, while its 200-day Moving Average is $14.21. Nevertheless, the first resistance level for the watch stands at $16.09 in the near term. At $16.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.04. If the price goes on to break the first support level at $15.13, it is likely to go to the next support level at $14.52. The third support level lies at $14.18 if the price breaches the second support level.
Asana Inc (NYSE: ASAN) Key Stats
There are 228,164K outstanding shares of the company, which has a market capitalization of 3.84 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.
