Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Asana Inc (NYSE: ASAN) closed the day trading at $13.88 up 7.51% from the previous closing price of $12.91. In other words, the price has increased by $7.51 from its previous closing price. On the day, 4.73 million shares were traded. ASAN stock price reached its highest trading level at $13.99 during the session, while it also had its lowest trading level at $13.01.
Ratios:
For a better understanding of ASAN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1202.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 1.06.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when Rosenstein Justin sold 150,000 shares for $18.97 per share. The transaction valued at 2,845,954 led to the insider holds 947,309 shares of the business.
JUSTIN ROSENSTEIN bought 550,000 shares of ASAN for $10,587,500 on Mar 03 ’25. On Feb 24 ’25, another insider, Rosenstein Justin, who serves as the Director of the company, sold 150,000 shares for $19.76 each. As a result, the insider received 2,963,662 and left with 1,097,309 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 3174675456 and an Enterprise Value of 3007760384. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.39 while its Price-to-Book (P/B) ratio in mrq is 13.26. Its current Enterprise Value per Revenue stands at 4.155 whereas that against EBITDA is -12.641.
Stock Price History:
The Beta on a monthly basis for ASAN is 1.30, which has changed by -0.12262958 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. 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 -30.43%, while the 200-Day Moving Average is calculated to be -11.44%.
Shares Statistics:
Over the past 3-months, ASAN traded about 3.80M shares per day on average, while over the past 10 days, ASAN traded about 5558080 shares per day. A total of 228.72M shares are outstanding, with a floating share count of 84.28M. Insiders hold about 63.15% of the company’s shares, while institutions hold 31.23% stake in the company. Shares short for ASAN as of 1740700800 were 11484216 with a Short Ratio of 3.03, compared to 1738281600 on 12677387. Therefore, it implies a Short% of Shares Outstanding of 11484216 and a Short% of Float of 13.819999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0