Are Things Looking Up For Asana Inc (NYSE: ASAN)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Software – Application industry segment. The current market capitalization of Asana Inc is $4.54B. A total of 1.66 million shares were traded on the day, compared to an average of 3.33M shares.

In the most recent transaction, LACEY ELEANOR B sold 3,841 shares of ASAN for 21.84 per share on Dec 26 ’24. After the transaction, the GC, Corporate Secretary now owns 353,584 company shares. In a previous transaction on Dec 20 ’24, LACEY ELEANOR B sold 12,908 shares at 21.71 per share. ASAN shares that GC, Corporate Secretary owns now total 357,425.

Among the insiders who sold shares, Raimondi Anne disposed of 27,233 shares on Dec 20 ’24 at a per-share price of $21.71. This resulted in the Chief Operating Officer holding 733,855 shares of ASAN after the transaction. In another insider transaction, ELEANOR LACEY bought 3,841 shares at $21.84 per share on Dec 26 ’24.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ASAN has a high of $27.77 and a low of $11.05.

As of this writing, ASAN has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 16.0 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.03.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ASAN’s latest balance sheet shows that the firm has $312.03M in Cash & Short Term Investments as of fiscal 2022. There were $255.61M in debt and $255.19M in liabilities at the time. Its Book Value Per Share was $1.05, while its Total Shareholder’s Equity was $203.84M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ASAN is Buy with a score of 3.27.

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