On Friday, Asana Inc (NYSE: ASAN) opened lower -3.44% from the last session, before settling in for the closing price of $20.35. Price fluctuations for ASAN have ranged from $11.05 to $27.77 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 55.10%. Company’s average yearly earnings per share was noted 28.70% at the time writing. With a float of $83.03 million, this company’s outstanding shares have now reached $143.16 million.
Let’s determine the extent of company efficiency that accounts for 1840 employees. 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 63.70%, while institutional ownership is 25.79%. The most recent insider transaction that took place on Jan 23 ’25, was worth 6,063,000. Before that another transaction happened on Dec 26 ’24, when Company’s GC, Corporate Secretary sold 3,841 for $21.84, making the entire transaction worth $83,883. This insider now owns 353,584 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
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 6.36.
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)
Looking closely at Asana Inc (NYSE: ASAN), its last 5-days average volume was 2.75 million, which is a drop from its year-to-date volume of 2.83 million. As of the previous 9 days, the stock’s Stochastic %D was 66.85%. Additionally, its Average True Range was 1.24.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 51.45%, which indicates a significant increase from 26.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.38% in the past 14 days, which was lower than the 80.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.16, while its 200-day Moving Average is $14.82. However, in the short run, Asana Inc’s stock first resistance to watch stands at $20.56. Second resistance stands at $21.47. The third major resistance level sits at $21.95. If the price goes on to break the first support level at $19.17, 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 $17.78.
Asana Inc (NYSE: ASAN) Key Stats
There are currently 228,723K shares outstanding in the company with a market cap of 4.49 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.
