On Monday, DocuSign Inc (NASDAQ: DOCU) opened lower -3.79% from the last session, before settling in for the closing price of $58.90. Price fluctuations for DOCU have ranged from $38.11 to $64.76 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 32.47% over the last five years. Company’s average yearly earnings per share was noted 8.89% at the time writing. With a float of $203.29 million, this company’s outstanding shares have now reached $205.33 million.
The firm has a total of 6840 workers. Let’s measure their productivity.
DocuSign Inc (DOCU) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of DocuSign Inc is 1.04%, while institutional ownership is 77.98%. The most recent insider transaction that took place on Apr 09 ’24, was worth 900,000. In this transaction Director of this company sold 15,000 shares at a rate of $60.00, taking the stock ownership to the 783 shares. Before that another transaction happened on Apr 03 ’24, when Company’s Chief Legal Officer sold 9,000 for $59.62, making the entire transaction worth $536,580. This insider now owns 37,503 shares in total.
DocuSign Inc (DOCU) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 34.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.89% per share during the next fiscal year.
DocuSign Inc (NASDAQ: DOCU) Trading Performance Indicators
Check out the current performance indicators for DocuSign Inc (DOCU). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.21. Likewise, its price to free cash flow for the trailing twelve months is 13.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.36, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 3.51 in one year’s time.
Technical Analysis of DocuSign Inc (DOCU)
Analysing the last 5-days average volume posted by the [DocuSign Inc, DOCU], we can find that recorded value of 1.67 million was lower than the volume posted last year of 3.5 million. As of the previous 9 days, the stock’s Stochastic %D was 36.39%. Additionally, its Average True Range was 1.82.
During the past 100 days, DocuSign Inc’s (DOCU) raw stochastic average was set at 64.27%, which indicates a significant increase from 5.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.06% in the past 14 days, which was lower than the 43.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.47, while its 200-day Moving Average is $50.87. Now, the first resistance to watch is $58.24. This is followed by the second major resistance level at $59.82. The third major resistance level sits at $60.75. If the price goes on to break the first support level at $55.73, it is likely to go to the next support level at $54.80. Should the price break the second support level, the third support level stands at $53.22.
DocuSign Inc (NASDAQ: DOCU) Key Stats
There are currently 205,400K shares outstanding in the company with a market cap of 11.64 billion. Presently, the company’s annual sales total 2,762 M according to its annual income of 73,980 K. Last quarter, the company’s sales amounted to 712,390 K and its income totaled 27,240 K.
