Asana Inc [ASAN] stock prices are down -0.36% to $14.01 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ASAN shares have gain 10.84% over the last week, with a monthly amount drifted -39.79%, and not 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.
The stock price of Asana Inc [ASAN] has been fluctuating between $11.05 and $27.77 over the past year. Currently, Wall Street analysts expect the stock to reach $14.8 within the next 12 months. Asana Inc [NYSE: ASAN] shares were valued at $14.01 at the most recent close of the market. An investor can expect a potential return of 5.64% based on the average ASAN price forecast.
Analyzing the ASAN fundamentals
The Asana Inc [NYSE:ASAN] reported sales of 723.88M for trailing twelve months, representing a surge of 10.05%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at -0.37%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.95 and Total Capital is -0.56. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.98.
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 13.74 points at the first support level, and at 13.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.30, and for the 2nd resistance point, it is at 14.59.
Ratios To Look Out For
It’s worth pointing out that Asana Inc [NYSE:ASAN]’s Current Ratio is 1.44. In addition, the Quick Ratio stands at 1.43 and the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 4.43, the price to book ratio is 13.38.
Transactions by insiders
Recent insider trading involved Moskovitz Dustin A., President, CEO, & Chair, that happened on Mar 17 ’25 when 0.23 million shares were purchased. President, CEO, & Chair, Moskovitz Dustin A. completed a deal on Mar 14 ’25 to buy 0.23 million shares. Meanwhile, President, CEO, & Chair Moskovitz Dustin A. bought 0.23 million shares on Mar 13 ’25.
