The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Asana Inc.’s current trading price is -35.53% away from its 52-week high, while its distance from the 52-week low is 54.58%. The stock’s price range for this period has been between $11.32 and $27.14 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.06 million for the day, a number notably lower than the average daily volume of 2.39 million over the last three months.
Asana Inc. (ASAN) stock is currently valued at $17.50. During the last session, the stock experienced a remarkable rise, reaching $18.585 after opening at $18.00. The stock briefly dropped to $17.81 before ultimately closing at $18.20.
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Asana Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $27.14 on 10/06/22, while the lowest value for the same period was recorded at $11.32 on 01/06/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Asana Inc. (ASAN) has experienced a quarterly decline of -27.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.93B and boasts a workforce of 1782 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.04, with a change in price of +1.33. Similarly, Asana Inc. recorded 2,440,964 in trading volume during the last 100 days, posting a change of +8.23%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ASAN stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.14.
ASAN Stock Stochastic Average
As of today, Asana Inc.’s raw stochastic average for the last 50 days stands at 1.08%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 1.54%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 5.57% and 8.29%, respectively.
ASAN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 27.07%. However, over the last six months, the performance has been stronger by -19.44%. The price of ASAN decreased -13.63% over the last 30 days. And in the last five days, it has fallen by -9.29%.
