A new trading day began on Friday, with Asana Inc (NYSE: ASAN) stock price up 1.09% from the previous day of trading, before settling in for the closing price of $14.72. ASAN’s price has 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 38.39%. Meanwhile, its annual earnings per share averaged 273.93%. With a float of $89.34 million, this company’s outstanding shares have now reached $155.66 million.
Let’s determine the extent of company efficiency that accounts for 1819 employees. In terms of profitability, gross margin is 89.34%, operating margin of -36.85%, and the pretax margin is -34.64%.
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 62.03%, while institutional ownership is 31.94%. The most recent insider transaction that took place on Apr 15 ’25, was worth 792,000. In this transaction President, CEO, & Chair of this company bought 50,000 shares at a rate of $15.84, taking the stock ownership to the 51,398,436 shares. Before that another transaction happened on Apr 11 ’25, when Company’s President, CEO, & Chair bought 75,493 for $15.58, making the entire transaction worth $1,176,181. This insider now owns 51,348,436 shares in total.
Asana Inc (ASAN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 273.93% 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 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.74. Likewise, its price to free cash flow for the trailing twelve months is 320.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.00, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.34 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 9.66 million, which is a jump from its year-to-date volume of 3.33 million. As of the previous 9 days, the stock’s Stochastic %D was 4.04%. Additionally, its Average True Range was 0.90.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 25.54%, which indicates a significant increase from 7.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.50% in the past 14 days, which was higher than the 82.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.27, while its 200-day Moving Average is $16.42. However, in the short run, Asana Inc’s stock first resistance to watch stands at $15.04. Second resistance stands at $15.21. The third major resistance level sits at $15.38. If the price goes on to break the first support level at $14.70, it is likely to go to the next support level at $14.53. Should the price break the second support level, the third support level stands at $14.36.
Asana Inc (NYSE: ASAN) Key Stats
With a market capitalization of 3.50 billion, the company has a total of 233,075K Shares Outstanding. Currently, annual sales are 723,880 K while annual income is -255,540 K. The company’s previous quarter sales were 188,330 K while its latest quarter income was -62,300 K.
