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 -42.85% away from its 52-week high, while its distance from the 52-week low is 43.68%. The stock’s price range for this period has been between $11.05 and $27.77 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 0.5 million for the day, a number notably lower than the average daily volume of 3.43 million over the last three months.
Asana Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $27.77 on 12/16/24, while the lowest value for the same period was recorded at $11.05 on 09/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Asana Inc (ASAN) has experienced a quarterly decline of -19.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.70B and boasts a workforce of 1819 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 18.80, with a change in price of +0.72. Similarly, Asana Inc recorded 3,860,890 in trading volume during the last 100 days, posting a change of +4.75%.
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 1.18. Similarly, the long-term debt-to-equity ratio is also 1.06.
ASAN Stock Stochastic Average
As of today, Asana Inc’s raw stochastic average for the last 50 days stands at 33.20%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 83.92%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 77.68% and 63.32%, 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 a decrease of -21.71%. However, over the last six months, the performance has been weaker by 29.76%. The price of ASAN increased 4.55% over the last 30 days. And in the last five days, it has surged by 6.94%.
