Asana Inc Stock Today
| ASAN Stock | USD 12.12 0.41 3.50% |
Performance1 of 100
| Odds Of DistressLess than 31
|
Asana is selling at 12.12 as of the 14th of September 2024; that is 3.50 percent increase since the beginning of the trading day. The stock's open price was 11.71. Asana has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Asana Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of May 2023 and ending today, the 14th of September 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 30th of September 2020 | Category Technology | Classification Information Technology |
Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. The company has 142.68 M outstanding shares of which 9.49 M shares are presently shorted by private and institutional investors with about 5.61 trading days to cover. More on Asana Inc
Moving against Asana Stock
| 0.36 | QH | Quhuo Tech Boost | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Asana Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Dustin Moskovitz | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Systems Software, Software - Application, Information Technology, NYSE Composite, ISE Cloud Computing, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsAsana can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Asana's financial leverage. It provides some insight into what part of Asana's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Asana Inc (ASAN) is traded on New York Stock Exchange in USA. It is located in 633 Folsom Street, San Francisco, CA, United States, 94107 and employs 1,840 people. Asana is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.77 B. Asana Inc conducts business under Software sector and is part of Information Technology industry. The entity has 142.68 M outstanding shares of which 9.49 M shares are presently shorted by private and institutional investors with about 5.61 trading days to cover.
Asana Inc currently holds about 238.91 M in cash with (17.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25.
Check Asana Probability Of Bankruptcy
Ownership AllocationAsana holds a total of 142.68 Million outstanding shares. Asana Inc retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Asana Ownership Details
Asana Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Voloridge Investment Management, Llc | 2024-06-30 | 1.3 M | |
| Point72 Asset Management, L.p. | 2024-06-30 | 1.2 M | |
| First Trust Advisors L.p. | 2024-03-31 | 1.2 M | |
| Generation Investment Management Llp | 2024-06-30 | 1000 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 824 K | |
| Northern Trust Corp | 2024-06-30 | 744.4 K | |
| Two Sigma Advisers, Llc | 2024-06-30 | 682.4 K | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 658.5 K | |
| Balyasny Asset Management Llc | 2024-06-30 | 605.8 K | |
| Ing Investment Management Llc | 2024-03-31 | 11.6 M | |
| Vanguard Group Inc | 2024-06-30 | 10.1 M |
Asana Historical Income Statement
Asana Stock Against Markets
Asana Corporate Management
| Prashant Pandey | Head Engineering | Profile | |
| Alex Hood | Head Product | Profile | |
| Ed McDonnell | Head Revenue | Profile | |
| Amit Singh | Director | Profile | |
| Sydney Carey | Independent Director | Profile | |
| Lorrie Norrington | Lead Independent Director | Profile |
Already Invested in Asana Inc?
The danger of trading Asana Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asana is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asana. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asana Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Information and Resources on Investing in Asana Stock
When determining whether Asana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asana Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asana. If investors know Asana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.15) | Revenue Per Share 3.053 | Quarterly Revenue Growth 0.103 | Return On Assets (0.18) | Return On Equity (0.83) |
The market value of Asana Inc is measured differently than its book value, which is the value of Asana that is recorded on the company's balance sheet. Investors also form their own opinion of Asana's value that differs from its market value or its book value, called intrinsic value, which is Asana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asana's market value can be influenced by many factors that don't directly affect Asana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.