There Is A Quest For Clarity Surrounding Asana Inc (NYSE: ASAN) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Asana Inc is $5.32B. A total of 1.9 million shares were traded on the day, compared to an average of 3.96M shares.

In the most recent transaction, Rosenstein Justin sold 200,000 shares of ASAN for 22.36 per share on Feb 12 ’25. After the transaction, the Director now owns 1,447,309 company shares. In a previous transaction on Feb 12 ’25, JUSTIN ROSENSTEIN bought 500,000 shares at 22.36 per share.

Among the insiders who sold shares, Rosenstein Justin disposed of 196,067 shares on Feb 04 ’25 at a per-share price of $21.78. This resulted in the Director holding 1,651,242 shares of ASAN after the transaction. In another insider transaction, Rosenstein Justin sold 3,933 shares at $21.98 per share on Feb 05 ’25. Company shares held by the Director now total 1,647,309.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. 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

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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

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. 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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