logo

Navigating ASAN’s Stock Market Maze: Ups and Downs in 2023

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 15.99%. However, over the last six months, the performance has been weaker by 69.75%. The price of ASAN increased 40.09% over the last 30 days. And in the last five days, it has fallen by -16.22%.

In terms of market performance, Asana Inc had a fairly even. The highest value for the stock in the past year was $27.77 on 12/16/24, and the lowest value was recorded at $11.05 on 09/10/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of ASAN Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Asana Inc’s current trading price is -20.85% away from its 52-week high, while its distance from the 52-week low is 99.00%. The stock’s price range during this period has varied between$11.05 and $27.77. The Asana Inc’s shares, which operate in the Technology, saw a trading volume of around 2.45 million for the day, a figure considerably lower than their average daily volume of 2.97 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Asana Inc (ASAN) has experienced a quarterly rise of 88.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.15B and boasts a workforce of 1840 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 14.33, with a change in price of +9.03. Similarly, Asana Inc recorded 2,675,828 in trading volume during the last 100 days, posting a change of +69.73%.

ASAN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ASAN stands at 1.15. Similarly, the long-term debt-to-equity ratio is also 1.03.

ASAN Stock Stochastic Average

As of today, Asana Inc’s raw stochastic average for the last 50 days stands at 63.93%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 55.39%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 53.31% and 56.66%, respectively.

Most Popular