On Friday, Asana Inc (NYSE: ASAN) opened lower -5.02% from the last session, before settling in for the closing price of $22.73. Price fluctuations for ASAN have ranged from $11.05 to $27.77 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
Technology Sector giant saw their annual sales surged by 55.10% over the last five years. Company’s average yearly earnings per share was noted 28.98% at the time writing. With a float of $82.76 million, this company’s outstanding shares have now reached $143.16 million.
The firm has a total of 1840 workers. Let’s measure their productivity. In terms of profitability, gross margin is 89.39%, operating margin of -38.36%, and the pretax margin is -35.6%.
Asana Inc (ASAN) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Asana Inc is 63.84%, while institutional ownership is 25.77%. The most recent insider transaction that took place on Dec 20 ’24, was worth 280,293. In this transaction GC, Corporate Secretary of this company sold 12,908 shares at a rate of $21.71, taking the stock ownership to the 357,425 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Chief Operating Officer sold 27,233 for $21.71, making the entire transaction worth $591,356. This insider now owns 733,855 shares in total.
Asana Inc (ASAN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.98% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
Check out the current performance indicators for Asana Inc (ASAN). In the past quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.12, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.01 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 4.64 million was better than the volume posted last year of 2.33 million. As of the previous 9 days, the stock’s Stochastic %D was 13.17%. Additionally, its Average True Range was 1.52.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 63.05%, which indicates a significant increase from 5.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.78% in the past 14 days, which was higher than the 79.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.63, while its 200-day Moving Average is $14.43. Now, the first resistance to watch is $22.48. This is followed by the second major resistance level at $23.37. The third major resistance level sits at $23.94. If the price goes on to break the first support level at $21.02, it is likely to go to the next support level at $20.45. Should the price break the second support level, the third support level stands at $19.56.
Asana Inc (NYSE: ASAN) Key Stats
There are currently 228,723K shares outstanding in the company with a market cap of 4.69 billion. Presently, the company’s annual sales total 652,500 K according to its annual income of -257,030 K. Last quarter, the company’s sales amounted to 183,880 K and its income totaled -57,330 K.
