The stock of Asana Inc (NYSE:ASAN) last traded at $13.19, down -4.63% from the previous session.
ASAN stock price is now -18.37% away from the 50-day moving average and -19.71% away from the 200-day moving average. The market capitalization of the company currently stands at $3.10B.
With the price target reduced from $13 to $10, HSBC Securities Downgraded its rating from Hold to Reduce for Asana Inc (NYSE: ASAN). On May 20, 2025, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock keeping its target price maintained at $14, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
In other news, Moskovitz Dustin A., President, CEO, & Chair bought 50,000 shares of the company’s stock on Apr 15 ’25. The stock was bought for $792,000 at an average price of $15.84. Upon completion of the transaction, the President, CEO, & Chair now directly owns 51,398,436 shares in the company, valued at $677.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 11 ’25, President, CEO, & Chair Moskovitz Dustin A. bought 75,493 shares of the business’s stock. A total of $1,176,181 was incurred on buying the stock at an average price of $15.58. This leaves the insider owning 51,348,436 shares of the company worth $677.29 million. A total of 62.03% of the company’s stock is owned by insiders.
During the past 12 months, Asana Inc has had a low of $11.05 and a high of $27.77. As of last week, the company has a debt-to-equity ratio of 1.12, a current ratio of 1.42, and a quick ratio of 1.42. The fifty day moving average price for ASAN is $16.158 and a two-hundred day moving average price translates $16.4289 for the stock.
The latest earnings results from Asana Inc (NYSE: ASAN) was released for 2025-04-30. The net profit margin was -31.38% and return on equity was -83.36% for ASAN. The company reported revenue of $187.27 million for the quarter, compared to $172.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.59 percent. For the current quarter, analysts expect ASAN to generate $193M in revenue.
