A share price of Asana Inc [ASAN] is currently trading at $21.34, down -0.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ASAN shares have gain 8.60% over the last week, with a monthly amount glided 3.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Asana Inc [NYSE: ASAN] stock has seen the most recent analyst activity on December 06, 2024, when KeyBanc Capital Markets upgraded its rating to a Sector Weight. Previously, Scotiabank started tracking the stock with Sector Perform rating on November 19, 2024, and set its price target to $15. On June 03, 2024, upgrade upgraded it’s rating to Hold and revised its price target to $14 on the stock. Piper Sandler upgraded its rating to a Neutral and decreased its price target to $16 on May 31, 2024. BofA Securities started tracking with a Buy rating for this stock on February 26, 2024, and assigned it a price target of $25.
Asana Inc experienced fluctuations in its stock price throughout the past year between $11.05 and $27.77. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Asana Inc [NYSE: ASAN] shares were valued at $21.34 at the most recent close of the market. An investor can expect a potential drop of -34.4% based on the average ASAN price forecast.
Analyzing the ASAN fundamentals
Trailing Twelve Months sales for Asana Inc [NYSE:ASAN] were 706.68M which represents 10.44% growth. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at -0.38%, Pretax Profit Margin comes in at -0.36%, and Net Profit Margin reading is -0.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.87 and Total Capital is -0.55. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.96.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.60 points at the first support level, and at 19.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.62, and for the 2nd resistance point, it is at 23.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Asana Inc [NYSE:ASAN] is 1.43. Further, the Quick Ratio stands at 1.43, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 6.91, the price to book ratio is 20.39.
Transactions by insiders
Recent insider trading involved Rosenstein Justin, Director, that happened on Jan 28 ’25 when 0.2 million shares were sold. Director, JUSTIN ROSENSTEIN completed a deal on Jan 28 ’25 to buy 0.35 million shares. Meanwhile, Director Rosenstein Justin sold 0.15 million shares on Jan 23 ’25.
