Asana Inc. (NYSE:ASAN) went up by 4.01% from its latest closing price compared to the recent 1-year high of $124.85. The company’s stock price has collected 6.78% of gains in the last five trading sessions. Press Release reported on 09/29/21 that Thinking about trading options or stock in Dollar Tree, Asana, AstraZeneca, Moderna, or Winnebago?
Is It Worth Investing in Asana Inc. (NYSE :ASAN) Right Now?
Opinions of the stock are interesting as 8 analysts out of 11 who provided ratings for Asana Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $93.00, which is -$27.06 below the current price. ASAN currently public float of 71.51M and currently shorts hold a 6.94% ratio of that float. Today, the average trading volume of ASAN was 2.28M shares.
ASAN’s Market Performance
ASAN stocks went up by 6.78% for the week, with a monthly jump of 8.58% and a quarterly performance of 64.13%, while its annual performance rate touched 342.73%. The volatility ratio for the week stands at 6.39% while the volatility levels for the past 30 days are set at 6.21% for Asana Inc.. The simple moving average for the period of the last 20 days is -0.10% for ASAN stocks with a simple moving average of 105.35% for the last 200 days.
Analysts’ Opinion of ASAN
Many brokerage firms have already submitted their reports for ASAN stocks, with Oppenheimer repeating the rating for ASAN by listing it as a “Outperform.” The predicted price for ASAN in the upcoming period, according to Oppenheimer is $85 based on the research report published on September 02nd of the current year 2021.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see ASAN reach a price target of $85, previously predicting the price at $75. The rating they have provided for ASAN stocks is “Overweight” according to the report published on September 02nd, 2021.
JMP Securities gave a rating of “Mkt Outperform” to ASAN, setting the target price at $85 in the report published on September 02nd of the current year.
ASAN Trading at 19.50% from the 50-Day Moving Average
After a stumble in the market that brought ASAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.77% of loss for the given period.
Volatility was left at 6.21%, however, over the last 30 days, the volatility rate increased by 6.39%, as shares surge +3.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.47% upper at present.
During the last 5 trading sessions, ASAN rose by +6.78%, which changed the moving average for the period of 200-days by +266.56% in comparison to the 20-day moving average, which settled at $110.44. In addition, Asana Inc. saw 272.76% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ASAN starting from Moskovitz Dustin A., who purchase 3,833 shares at the price of $100.00 back on Oct 05. After this action, Moskovitz Dustin A. now owns 5,217,748 shares of Asana Inc., valued at $383,300 using the latest closing price.
Moskovitz Dustin A., the President, CEO, & Chair of Asana Inc., purchase 250,000 shares at $100.00 during a trade that took place back on Oct 04, which means that Moskovitz Dustin A. is holding 5,213,915 shares at $25,000,000 based on the most recent closing price.
Stock Fundamentals for ASAN
Current profitability levels for the company are sitting at:
- -77.34 for the present operating margin
- +87.34 for the gross margin
The net margin for Asana Inc. stands at -93.26. The total capital return value is set at -38.86, while invested capital returns managed to touch -47.92. Equity return is now at value -428.10, with -36.50 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 26.04, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 10.12 and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.69.