A new trading day began on Friday, with Asana Inc (NYSE: ASAN) stock price up 3.83% from the previous day of trading, before settling in for the closing price of $19.85. ASAN’s price has ranged from $11.05 to $27.77 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 55.10%. Meanwhile, its annual earnings per share averaged 28.98%. With a float of $82.76 million, this company’s outstanding shares have now reached $143.16 million.
Considering the fact that the conglomerate employs 1840 people, you should pay attention to its efficiency factor. 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
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 63.82%, while institutional ownership is 25.78%. The most recent insider transaction that took place on Dec 26 ’24, was worth 83,883. In this transaction GC, Corporate Secretary of this company sold 3,841 shares at a rate of $21.84, taking the stock ownership to the 353,584 shares. Before that another transaction happened on Dec 20 ’24, when Company’s GC, Corporate Secretary sold 12,908 for $21.71, making the entire transaction worth $280,293. This insider now owns 357,425 shares in total.
Asana Inc (ASAN) Earnings and Forecasts
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
Here are Asana Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.93.
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)
Compared to the last year’s volume of 2.38 million, its volume of 2.66 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.95%. Additionally, its Average True Range was 1.38.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 57.19%, which indicates a significant increase from 12.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.59% in the past 14 days, which was higher than the 79.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.29, while its 200-day Moving Average is $14.52. Nevertheless, the first resistance level for the watch stands at $20.95 in the near term. At $21.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.84. If the price goes on to break the first support level at $20.06, it is likely to go to the next support level at $19.51. Should the price break the second support level, the third support level stands at $19.17.
Asana Inc (NYSE: ASAN) Key Stats
With a market capitalization of 4.89 billion, the company has a total of 228,723K Shares Outstanding. Currently, annual sales are 652,500 K while annual income is -257,030 K. The company’s previous quarter sales were 183,880 K while its latest quarter income was -57,330 K.
