Currently, there are 143.16M common shares owned by the public and among those 83.03M shares have been available to trade.
The company’s stock has a 5-day price change of 7.64% and 83.93% over the past three months. ASAN shares are trading 8.44% year to date (YTD), with the 12-month market performance up to 19.52% higher. It has a 12-month low price of $11.05 and touched a high of $27.77 over the same period. ASAN has an average intraday trading volume of 3.58 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.07%, 13.11%, and 47.71% respectively.
Institutional ownership of Asana Inc (NYSE: ASAN) shares accounts for 25.75% of the company’s 143.16M shares outstanding.
It has a market capitalization of $5.03B and a beta (3y monthly) value of 1.10. The earnings-per-share (ttm) stands at -$1.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.67% over the week and 6.21% over the month.
Analysts forecast that Asana Inc (ASAN) will achieve an EPS of -0.01 for the current quarter, -0.01 for the next quarter and -0.01 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.03 while analysts give the company a high EPS estimate of -0.03. Comparatively, EPS for the current quarter was -0.04 a year ago. Earnings per share for the fiscal year are expected to increase by 28.70%, and 98.91% over the next financial year.
Scotiabank coverage for the Asana Inc (ASAN) stock in a research note released on November 19, 2024 offered a Sector Perform rating with a price target of $15. HSBC Securities was of a view on June 03, 2024 that the stock is Hold, while Piper Sandler gave the stock Neutral rating on May 31, 2024, issuing a price target of $18- $16. KeyBanc Capital Markets on their part issued Underweight rating on March 21, 2024.
