Asana Inc (NYSE: ASAN) on Friday, plunged -2.47% from the previous trading day, before settling in for the closing price of $19.83. Within the past 52 weeks, ASAN’s price has moved between $11.05 and $27.77.
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Technology Sector giant saw their annual sales surged by 55.10% over the last five years. The company achieved an average annual earnings per share of 28.70%. With a float of $83.03 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
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Asana Inc is 63.70%, while institutional ownership is 25.79%. 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
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 28.70% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
Asana Inc (ASAN) is currently performing well based on its current performance indicators. A quick ratio of 1.43 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.26.
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 -0.00 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 2.51 million was lower than the volume posted last year of 2.89 million. As of the previous 9 days, the stock’s Stochastic %D was 25.75%. Additionally, its Average True Range was 1.27.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 49.60%, which indicates a significant increase from 19.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.79% in the past 14 days, which was lower than the 80.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.65, while its 200-day Moving Average is $14.71. Now, the first resistance to watch is $19.93. This is followed by the second major resistance level at $20.53. The third major resistance level sits at $20.85. If the price goes on to break the first support level at $19.01, it is likely to go to the next support level at $18.69. Should the price break the second support level, the third support level stands at $18.09.
Asana Inc (NYSE: ASAN) Key Stats
Market capitalization of the company is 4.42 billion based on 228,723K outstanding shares. Right now, sales total 652,500 K and income totals -257,030 K. The company made 183,880 K in profit during its latest quarter, and -57,330 K in sales during its previous quarter.
