Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Asana Inc (NYSE: ASAN) closed at $21.59 down -5.02% from its previous closing price of $22.73. In other words, the price has decreased by -$5.02 from its previous closing price. On the day, 3.05 million shares were traded. ASAN stock price reached its highest trading level at $22.8 during the session, while it also had its lowest trading level at $21.34.
Ratios:
For a deeper understanding of Asana Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.03.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $15.
HSBC Securities Upgraded its Reduce to Hold on June 03, 2024, whereas the target price for the stock was revised from $16 to $14.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 20 ’24 when LACEY ELEANOR B sold 12,908 shares for $21.71 per share. The transaction valued at 280,293 led to the insider holds 357,425 shares of the business.
Raimondi Anne sold 27,233 shares of ASAN for $591,356 on Dec 20 ’24. The Chief Operating Officer now owns 733,855 shares after completing the transaction at $21.71 per share. On Dec 26 ’24, another insider, ELEANOR LACEY, who serves as the Officer of the company, bought 3,841 shares for $21.84 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASAN now has a Market Capitalization of 4938129920 and an Enterprise Value of 3280993792. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.64 while its Price-to-Book (P/B) ratio in mrq is 20.62. Its current Enterprise Value per Revenue stands at 4.76 whereas that against EBITDA is -12.564.
Stock Price History:
Over the past 52 weeks, ASAN has reached a high of $27.77, while it has fallen to a 52-week low of $11.05. The 50-Day Moving Average of the stock is 29.79%, while the 200-Day Moving Average is calculated to be 49.59%.
Shares Statistics:
For the past three months, ASAN has traded an average of 3.04M shares per day and 5392870 over the past ten days. A total of 143.16M shares are outstanding, with a floating share count of 82.76M. Insiders hold about 63.84% of the company’s shares, while institutions hold 25.77% stake in the company. Shares short for ASAN as of 1731628800 were 8669194 with a Short Ratio of 3.39, compared to 1728950400 on 8552787. Therefore, it implies a Short% of Shares Outstanding of 8669194 and a Short% of Float of 10.5100006.
