Shares of Mid-cap technology company Asana moved 6.7 this afternoon, and are now trading at $18.39 per share. On the other hand, the average analyst target price for the stock is $23.75.
Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally.
Asana Investors Should Consider This:
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Asana has moved -17.0% over the last year.
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Its Price to Book (P/B) ratio is 12.09
Understanding Asana's Operating Margins
Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2022-03-24 | 378,437 | -604,724 | -70 | 9.09 |
2021-03-06 | 227,004 | -373,830 | -77 |
Asana's operating margins averaged -84.5% over the last 2 years, and they displayed a coefficient of variability of 131.5%. The firm's margins exhibit a relatively stable growth trend of 4.6%.