Asana Inc (NYSE: ASAN)’s stock price has plunge by 2.36relation to previous closing price of 21.17. Nevertheless, the company has seen a -1.41% plunge in its stock price over the last five trading sessions. businesswire.com reported 2025-02-03 that SAN FRANCISCO–(BUSINESS WIRE)–Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading enterprise work management platform, announced today that it will release financial results for the fourth quarter and fiscal year 2025 on Monday, March 10, after the close of the U.S. markets. In conjunction with the announcement, the company will host a webcast on the same day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The live webcast and replay will be available on the A.
Is It Worth Investing in Asana Inc (NYSE: ASAN) Right Now?
Additionally, the 36-month beta value for ASAN is 1.11. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
The public float for ASAN is 83.18M and currently, short sellers hold a 14.99% ratio of that float. The average trading volume of ASAN on February 04, 2025 was 3.79M shares.
ASAN’s Market Performance
ASAN’s stock has seen a -1.41% decrease for the week, with a 9.17% rise in the past month and a 81.49% gain in the past quarter. The volatility ratio for the week is 8.66%, and the volatility levels for the past 30 days are at 6.57% for Asana Inc The simple moving average for the past 20 days is 6.40% for ASAN’s stock, with a 43.85% simple moving average for the past 200 days.
Analysts’ Opinion of ASAN
Scotiabank, on the other hand, stated in their research note that they expect to see ASAN reach a price target of $15. The rating they have provided for ASAN stocks is “Sector Perform” according to the report published on November 19th, 2024.
HSBC Securities gave a rating of “Hold” to ASAN, setting the target price at $14 in the report published on June 03rd of the previous year.
ASAN Trading at 7.45% 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 -21.97% of loss for the given period.
Volatility was left at 6.57%, however, over the last 30 days, the volatility rate increased by 8.66%, as shares surge +4.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +56.75% upper at present.
During the last 5 trading sessions, ASAN fell by -1.73%, which changed the moving average for the period of 200-days by +57.43% in comparison to the 20-day moving average, which settled at $20.36. In addition, Asana Inc saw 6.91% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASAN starting from Rosenstein Justin, who sale 200,000 shares at the price of $21.67 back on Jan 28 ’25. After this action, Rosenstein Justin now owns 1,847,309 shares of Asana Inc, valued at $4,334,094 using the latest closing price.
JUSTIN ROSENSTEIN, the Director of Asana Inc, proposed sale 350,000 shares at $20.07 during a trade that took place back on Jan 28 ’25, which means that JUSTIN ROSENSTEIN is holding shares at $7,024,500 based on the most recent closing price.
Stock Fundamentals for ASAN
Current profitability levels for the company are sitting at:
- -0.38 for the present operating margin
- 0.89 for the gross margin
The net margin for Asana Inc stands at -0.36. The total capital return value is set at -0.55. Equity return is now at value -89.47, with -28.06 for asset returns.
Based on Asana Inc (ASAN), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 0.96. The interest coverage ratio of the stock is -70.67.
Currently, EBITDA for the company is -235.03 million with net debt to EBITDA at -0.14. When we switch over and look at the enterprise to sales, we see a ratio of 7.07. The receivables turnover for the company is 10.56for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In conclusion, Asana Inc (ASAN) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
