A new trading day began on Friday, with DocuSign Inc (NASDAQ: DOCU) stock price up 2.49% from the previous day of trading, before settling in for the closing price of $69.38. DOCU’s price has ranged from $38.20 to $73.80 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 32.47%. Meanwhile, its annual earnings per share averaged 16.96%. With a float of $200.93 million, this company’s outstanding shares have now reached $205.33 million.
The extent of productivity of a business whose workforce counts for 6840 workers is very important to gauge. In terms of profitability, gross margin is 78.97%, operating margin of 4.89%, and the pretax margin is 6.09%.
DocuSign Inc (DOCU) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of DocuSign Inc is 1.01%, while institutional ownership is 80.44%. The most recent insider transaction that took place on Nov 01 ’24, was worth 543,117. Before that another transaction happened on Oct 15 ’24, when Company’s Chief Financial Officer sold 9,552 for $68.80, making the entire transaction worth $657,193. This insider now owns 78,265 shares in total.
DocuSign Inc (DOCU) Latest Financial update
In its latest quarterly report, released on 7/31/2024, the company reported earnings of 0.79 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.96% per share during the next fiscal year.
DocuSign Inc (NASDAQ: DOCU) Trading Performance Indicators
Here are DocuSign Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.18. Likewise, its price to free cash flow for the trailing twelve months is 16.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.74, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.70 in one year’s time.
Technical Analysis of DocuSign Inc (DOCU)
The latest stats from [DocuSign Inc, DOCU] show that its last 5-days average volume of 1.88 million was inferior to 2.91 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.38%. Additionally, its Average True Range was 1.77.
During the past 100 days, DocuSign Inc’s (DOCU) raw stochastic average was set at 89.24%, which indicates a significant increase from 49.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.65% in the past 14 days, which was lower than the 31.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.12, while its 200-day Moving Average is $57.65. Now, the first resistance to watch is $71.74. This is followed by the second major resistance level at $72.37. The third major resistance level sits at $73.44. If the price goes on to break the first support level at $70.04, it is likely to go to the next support level at $68.97. The third support level lies at $68.34 if the price breaches the second support level.
DocuSign Inc (NASDAQ: DOCU) Key Stats
With a market capitalization of 14.79 billion, the company has a total of 202,973K Shares Outstanding. Currently, annual sales are 2,762 M while annual income is 73,980 K. The company’s previous quarter sales were 736,030 K while its latest quarter income was 888,210 K.
