In yesterday’s Wall Street session, Asana Inc (NYSE:ASAN) shares traded at $26.32, down -4.36% from the previous session.
ASAN stock price is now 73.19% away from the 50-day moving average and 84.25% away from the 200-day moving average. The market capitalization of the company currently stands at $6.02B.
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On November 19, 2024, Scotiabank recently initiated its ‘Sector Perform’ rating on the stock quoting a target price of $15, while ‘HSBC Securities’ rates the stock as ‘Hold’
In other news, Wan Tim M, Officer bought 25,000 shares of the company’s stock on Nov 25 ’24. The stock was bought for $400,000 at an average price of $16.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, Officer Wan Tim M bought 19,000 shares of the business’s stock. A total of $264,024 was incurred on buying the stock at an average price of $13.90. A total of 63.84% of the company’s stock is owned by insiders.
During the past 12 months, Asana Inc has had a low of $11.05 and a high of $27.77. As of last week, the company has a debt-to-equity ratio of 1.15, a current ratio of 1.43, and a quick ratio of 1.43. The fifty day moving average price for ASAN is $14.8976 and a two-hundred day moving average price translates $14.253 for the stock.
The latest earnings results from Asana Inc (NYSE: ASAN) was released for 2024-07-31. The net profit margin was -36.17% and return on equity was -89.47% for ASAN. The company reported revenue of $179.21 million for the quarter, compared to $162.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.31 percent.
