Is Asana Inc (NYSE: ASAN) Proving The Doubters Wrong?

Asana Inc (ASAN) concluded trading on Thursday at a closing price of $24.28, with 3.56 million shares of worth about $86.5 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 87.49% during that period and on February 13, 2025 the price saw a gain of about 6.12%. Currently the company’s common shares owned by public are about 143.16M shares, out of which, 83.58M shares are available for trading.

Stock saw a price change of 11.63% in past 5 days and over the past one month there was a price change of 29.70%. Year-to-date (YTD), ASAN shares are showing a performance of 19.78% which increased to 23.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.05 but also hit the highest price of $27.77 during that period. The average intraday trading volume for Asana Inc shares is 3.94 million. The stock is currently trading 13.45% above its 20-day simple moving average (SMA20), while that difference is up 14.39% for SMA50 and it goes to 58.12% higher than SMA200.

Asana Inc (NYSE: ASAN) currently have 143.16M outstanding shares and institutions hold larger chunk of about 28.21% of that.

The stock has a current market capitalization of $5.55B and its 3Y-monthly beta is at 1.10. It has posted earnings per share of -$1.12 in the same period. It has Quick Ratio of 1.43 while making debt-to-equity ratio of 1.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASAN, volatility over the week remained 7.58% while standing at 6.93% over the month.

Stock’s fiscal year EPS is expected to rise by 28.78% while it is estimated to increase by 98.81% in next year.

Coverage by Scotiabank stated Asana Inc (ASAN) stock as a Sector perform in their note to investors on November 19, 2024, suggesting a price target of $15 for the stock. On June 03, 2024, HSBC Securities Upgrade their recommendations, while on May 31, 2024, Piper Sandler Upgrade their ratings for the stock with a price target of $16. Stock get an Underweight rating from KeyBanc Capital Markets on March 21, 2024.

Most Popular

Related Posts