Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Asana Inc’s stock clocked out at $26.32, down -4.36% from its previous closing price of $27.52. In other words, the price has decreased by -$4.36 from its previous closing price. On the day, 5.61 million shares were traded. ASAN stock price reached its highest trading level at $27.635 during the session, while it also had its lowest trading level at $26.315.
Ratios:
To gain a deeper understanding of ASAN’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when Wan Tim M bought 25,000 shares for $16.00 per share.
Wan Tim M bought 19,000 shares of ASAN for $264,024 on Nov 06 ’24. On Sep 20 ’24, another insider, LACEY ELEANOR B, who serves as the GC, Corporate Secretary of the company, sold 9,308 shares for $11.99 each. As a result, the insider received 111,603 and left with 375,310 shares of the company.
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 6019989504 and an Enterprise Value of 3280993792. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.52 while its Price-to-Book (P/B) ratio in mrq is 25.14. 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 73.19%, while the 200-Day Moving Average is calculated to be 84.25%.
Shares Statistics:
It appears that ASAN traded 2.66M shares on average per day over the past three months and 8000630 shares per day over the past ten days. A total of 143.16M shares are outstanding, with a floating share count of 82.72M. 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 2.75, compared to 1728950400 on 8552787. Therefore, it implies a Short% of Shares Outstanding of 8669194 and a Short% of Float of 10.5100006.
