Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Asana Inc’s current trading price is -28.52% away from its 52-week high, while its distance from the 52-week low is 79.72%. The stock’s price range during this period has varied between $11.05 and $27.77. The company, active in the Technology sector, saw a trading volume of around 2.59 million for the day, considerably lower average daily volume of 3.06 million observed over the last three months.
Asana Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $27.77 on 12/16/24, and the lowest price during the same period was recorded at $11.05 on 09/10/24.
How Financial Performance Impacts Market Capitalization
Asana Inc (ASAN) has experienced a quarterly rise of 75.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.54B and boasts a workforce of 1840 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.76, with a change in price of +7.63. Similarly, Asana Inc recorded 2,731,788 in trading volume during the last 100 days, posting a change of +62.44%.
How ASAN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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, the raw stochastic average of Asana Inc over the past 50 days is 50.65%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 36.15%. Additionally, the Stochastic %K and %D values for the company were 40.20% and 43.29%, respectively, over the past 20 days.
ASAN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -2.07%.However, over the last six months, we can see a weaker performance of 47.47%. Over the last 30 days, the price of ASAN has fallen by 31.28%. And in the last five days, it has fallen by -9.69%.
