Asana Inc (ASAN) posted a 4.01% change over the last five days signaling a new trend

Asana Inc (NYSE: ASAN) kicked off on Friday, up 1.06% from the previous trading day, before settling in for the closing price of $15.15. Over the past 52 weeks, ASAN has traded in a range of $11.05-$23.44.

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During the last 5-year period, the sales growth of Technology Sector giant was 55.10%. While this was happening, its average annual earnings per share was recorded 3.64%. 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

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Asana Inc is 63.91%, while institutional ownership is 25.82%. The most recent insider transaction that took place on Nov 25 ’24, was worth 400,000. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 19,000 for $13.90, making the entire transaction worth $264,024.

Asana Inc (ASAN) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 3.64% per share during the next fiscal year.

Asana Inc (NYSE: ASAN) Trading Performance Indicators

Take a look at Asana Inc’s (ASAN) current performance indicators. Last quarter, 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 5.12.

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 1.96 million, which is a drop from its year-to-date volume of 1.98 million. As of the previous 9 days, the stock’s Stochastic %D was 59.98%. Additionally, its Average True Range was 0.55.

During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 80.85%, which indicates a significant increase from 63.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.64% in the past 14 days, which was lower than the 45.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.81, while its 200-day Moving Average is $14.13. However, in the short run, Asana Inc’s stock first resistance to watch stands at $15.49. Second resistance stands at $15.66. The third major resistance level sits at $15.87. If the price goes on to break the first support level at $15.11, it is likely to go to the next support level at $14.90. Now, if the price goes above the second support level, the third support stands at $14.73.

Asana Inc (NYSE: ASAN) Key Stats

The company with the Market Capitalisation of 3.53 billion has total of 228,164K Shares Outstanding. Its annual sales at the moment are 652,500 K in contrast with the sum of -257,030 K annual income. Company’s last quarter sales were recorded 179,210 K and last quarter income was -72,190 K.